Late night calls, excuses why they can't pay rent, sob stories, tenants fighting other tenants, cops being called, babies flushing diapers down the toilet and flooding, tenants just going MIA, etc.  

@Tom Kuhen There is no doubt a balance that will be flushed out dependent on what the Non Money Person brings to the table and just what they are doing.Given your scenario being your first deal and all I would say you should expect to give up a lot, and frankly you should, just to get this experience.

Get multiple bids, make sure the scope of work and warranty are the same on all bids, and please, please, PLEASE, make sure they are changing out, or at least, flushing out the copper line set.

Good for US in cases where one partner is cash-flush and the other is time-liquid or in which one partner wants to be more passive than not.Alright . . .

I hope they lose their shirts holding onto properties over the next few years, but soon there will be a pendulum swing to the other side and this buyers market will flush out the pigs.

2) the inspector said the sewer was fully obstructed but some toilets do flush so I think it's partial obstruction...and could just be venting.

You can always hire an attorney to attempt to get the restriction lifted, but thats probably just flushing your money down the toilet to be honest.

I also have signs in each bathroom asking them to flush only TP and nothing else.The city manages the tanks and pump so they come by once in a while and dump some super commercial Rid-X type stuff.

These sort of questions that endeavour to flush the "What do I need to know to invest in loans?"

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.