The pool needs a new liner, and I do not know if the pumps work because there is no water in the pool.

In HI there are leasehold properties, cesspools, water catchment, and Lava Zones (on the Big Island). 

Think of all the horror stories about tenants maxing out the heat with their windows open during the winter, deliberately running water bills up, etc. 

Hi all, my LTR (Boston, built in the 1930's) has some cracks in the basement walls that I didn't think were too serious (owned for 10y, some water and flaking but mostly dry).

I work with a lot of MTR investors and what I am seeing frequently with multifamily acquisitions, particularly with new investors, is that they often test the property just like you're mentioning, as a way to dip their toes in the water and see what works in their area and for their personal style.

I can appreciate your frustration and have worked with hundreds of investors over the last 20 years navigating the more complex waters with respect to Self-Directed Solo 401(k)s.

The snake behind the water heater during rehab. 

I recently toured a property in Phoenix where solar power and water-saving features cut operational costs by nearly 20%.6.

Their fill hose sprung a leak or something and hundreds of gallons of water poured into the apartment below them.

As a sidenote I see people doing this and jacking up the price of the home to seller finance to above market value - if you do this you better be VERY clear with your investors that you are writing a $300k loan on a $250k property as if you do not you can get in some serious hot water later on down the line when doing valuations of the company.