Take it easy i am still a rookie and trying to learn all things possible.

It wasn’t easy—there were tons of repairs needed, from plumbing and electrical updates to cosmetic fixes like flooring and painting.

Tenant also claimed possible mold, rotted subfloor etc, which Remediation said they found no evidence of.

It’ll give you an easy to read view of how many of the points raised by Dan H and Chris S play out in a deal. 

Either way, could always have the plumbers plumb the system to make it easy to put each unit on its own meter in future (so long as it’s not crazy expensive).Unit Configurations Below for Reference:x2 2 bed 2 bath, 800 sq ftx1 2 bed 1 bath, 1,000 sq ftx1 3 bed 3 bath, 2,000 sq ft

But I don't think I fully understand the law surrounding this and the actual ways it should be used.As I understand it, this is what you could do with such a clause if you are buying a property and the seller is financing it to you:As an example using easy numbers, you could buy a property through seller financing for a price of $100,000.

I don’t know how easy it would be for you to contact every resident and ask that nobody use any water at a certain time for 10 minutes.

Other than outright fraud, how easy is it for seasoned sponsors to start losing investor capital? 

It's that easy right? 

Exactly.  20% down financing for investment property will not be easy but if you have a W-2, maybe it's possible.