I'm sure HUD put a specific line item (503) on the settlement statement to help people commit fraud... wtfhttps://www.hud.gov/sites/documents/1.PDF

It could be 24 hrs if you are not checking these items.

@John Underwood good feedback I appreciate it.I am viewing the property Friday so will have a better POV on landscaping maintenance then.I hadn’t considered the other items you mentioned, so thank you!

Replacement Cost PoliciesCash Value: Reimburses the current, depreciated value of an item.

If you are just starting, I would think on a leveraged purchase, $200 a month in todays market, that is assuming the home is fully renovated and capex items are fairly new.

Strategy is long term hold.Question - Apart from getting inspections done by a quality inspections company, what other items do I need to verify or consider as part of due diligence, before closing or in order to decide Go-No-Go?

Other items such as having accounts in a foreign country.If you are single/married, with a few W-2's, interest/dividend accounts with one rental property.

You’ll buy a property pretty much at market value and the property management company will handle the day to day items.

VRBO collects the tax for you as a separate line item on top of your rate.

Always account for the costs of upcoming capital expenditure items in your purchase price.