If the house needs a new roof go with a shingle that dimension to it. 

The construction guy came in the house and said the only fix was to rip out the roof, put all new boards and shingles down.

And the shingles probably last a little longer since the panels are blocking the UV.

Tear off, ridge vents, GAF Timberline HD shingles.

Our accounting is computerized, so it doesn't take long to run 100 statements off.  

Especially in a rental; they are as close to bulletproof and maintenance free as you will find.Higher quality shingles are well worth it when doing a roof.Good light fixtures can be pretty timeless.Hardwood, not laminate.

Places I use ..... under the deck on a nail , In a lawn sprinkler head buried in a corner next to the foundation , under a shingle on the shed .  

However, the knowledge I earned through that course has been invaluable in preparing me for investing in real estate.After you complete the class and take and pass the license exam, that will be a good time to try to hang your shingle with a RE company. 

That said, if an owner tells us not to go out without approval, we know that because of our computerized records.....

Here's what I'm looking at:4 bed 2 bath split level home (basement+ground level) carport (no garage)1800 sq ft home 6000 sq ft fully fenced lotSelling agent's resale estimate: $135,000 - $140,000Buyers agent resale estimate: $130,000Zestimate: $125,000 Selling agent's estimate of repairs $10,000 - $20,000Buyers agent's estimate of repairs $20,000Selling agent's Prop. mgr estimated rent $1000 - $1100/monthBuyers agent estimated rent $1200 - $1400/monthZestimate rent: $900My guesstimate of other costs (closing + unknown): $10,000 --------------------------------- Here are the figures I plan to use:Sale price: $125,000Total costs: $30,000 = $20,000(repairs) + $10,000(other) Rent: $900/month =========================================== Max Purchase Price (MPP) using 70% rule: $57,500 ---------------------------------------------------------------------------- MPP = Sales Price * 0.7 - Total Costs MPP = ($125000*.7) - $30,000 = $87,500-$30,000 = $57,500 =========================================== Max Purchase Price using: Sales Price - Other Costs - Profit - Repair Costs: $75,000 ---------------------------------------------------------------------------- Desired Profit: $20,000 MPP = $125,000 - $10,000 - $20,000 - $20,000 = $75000===========================================Rent Yield (MPP $57,500): 12.3%Rent Yield = Annual Rent / (MPP $57,500 + Other Costs + Repair Costs)Rent Yield = ($900*12) / ($57,500 + $10,000 + $20,000) = 12.3%Rent Yield (MPP $75,000): 10.2%Rent Yield = ($900*12) / ($75,000 + $10,000 + $20,000) = 10.2%=========================================== ///////////////////////////////////////////////////////////////////// More details (from my relative): ///////////////////////////////////////////////////////////////////// Repairs needed: New shingles for roof.