It's a few blocks from the University in my area and should bring in $800-850 a month....not bad for a $50 K investment.

I've hit a couple of road blocks but I won't let that stop me, no offers no deals.

Water heater installed 1987 with no temperature/pressure relief valve and drain line.6.

You have to consider where the pipes will go for both water supply and drain, where the shut-off valves will be located, whether a window or skylight is present or whether exhaust fan is needed, where the vent for the waste will go through the roof, whether you have electric wiring that can accept a GFCI (old house might only have two conductors on many circuits, lacking ground wire).

These are rather extremes.Eventually blocks like these will be torn down by the City's decree so that a private developer can build something of value.

We had a butcher block top one back in the day and I recently had a tenant bring one in.

Joe - If you do a search on this topic in the archives - you will find many other articles that talk about trying to find a "good" realtor - I have answered on many and still feel - the best thing you can do is to leave the stumbling block out of the middle.

Now the road block.

Some areas are easier to buy in as they are more homogenous... others vary block by block and buying off a computer screen is risky at best.Do you have family elsewhere around the US that you could leverage?

This cause water to leak out of the connections and causes water damage to the ceiling.The washer/dryer is in the hall upstairs on our units.We have also found tenants will use the cheap rubber hoses instead of the steel braided ones or not have a washer fitting inside the connection which causes a leak.Also if it is an older washer or connections at the wall the threading is older and even if you tighten it will leak.This is why we use Teflon tape when putting the steel lines on.It fills the imperfections of the threading and stops any leaks at the connection.Another area of leakage is at the discharge hose.If it is not properly clamped at the washer,has an old hose,or where the discharge hose goes into the drain line could cause a leak.