Ask them to do a cost estimate.

These involve additional costs.I am not saying that there definitely is negative cash flow, but I will say not including known expenses is providing a misleading cash flow estimate.  

Analyze potential deals by estimating the After Repair Value (ARV), repair costs, and total expenses. 

I’m talking about getting thorough with expense estimates, factoring in property taxes, insurance, and a cushion for maintenance.

@Daniel Tanasa What would you estimate the time investment would be each week with property management?

I do have a pool company coming out to provide estimates. 

But balance is key—keeping some cash reserves for unexpected expenses is critical.Lastly, I’d recommend running detailed numbers to ensure the property cash flows well, even with conservative estimates.

If the roof itself is not covered, you can estimate your out of pocket if the whole roof has to be replaced. 

Modeling uses templates to estimate allocations although some firms still dig very deep on these types of studies, costing $1,000–$1,250.DIY tools are cheaper but often miss deductions and lack audit-ready documentation.

Amortize your major repairs (roof, hvac, built in appliances) and add an estimate for small maintenance.This feels not terrible to me.