I'm happy - the floor plan is exactly what I was looking for - tri-level 4/4- which is hard to find in the price range I wanted.

Do you have a price range and are you looking for turn-key properties or something along the lines of a "fixer upper"?

And of course, getting financing squared away is key so you know your price range, which will help narrow down locations and strategies.

Your PM replaced the water heater because it was leaking.

The water fell 3 floors, when I observed the incident my neighbor was attempting the sweep water out the back door.   

Do you have central boiler for water and heat or individual units?

A general range tends to be 85% to 100% covered.

(normally recommended, especially if you are a landlord)- Water Backup: For water damage due to the backup of Sewers or Drains.- Personal Articles: Coverage for belongings that have a special or collectors valuesuch as Jewelry, Furs, Fine Arts, Collectibles, etc...Your age should not be a factor on the pricing but, depending on the company these other factors may get you credits:- Insurance Score (company pulls certain info out of your credit report).

Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.

I’d love to hear more about your experiences over the years.We are specifically looking to purchase single-family homes in the $80,000–$150,000 range and are considering renting them through Section 8.