Next, we begin closing the walls, painting, hard surfaces, and outdoor finishes, beginning with sheet rock.

There is a drain line plumbing vent for pitched roof with a roof termination that is less than 6 inches above roof surface.

@William Webb Many of my lessons learned have to do with tenants and I'm quite sure I've just scratched the surface with this.

Its bad framing in roof construction, roofer should have pointed it out prior to his re surface. 

Hello, I am working to find my first rental property, and on the surface the deal I'm looking at seems like it has very good long term appreciation potential but I'm not sure how to adjust the current numbers and make an offer the will also be reasonable for the short term. - Single-family 2/1 @ 820 sf in St Petersburg, FL.

There are typically risks and expenses that may not be obvious on the surface. 

But, Tahoe is tricky, the past few winters have thrown a lot of abnormalities in the rental rates and with VR permitting laws/regulations surfacing all over the lake causing additional anomalies in the market. 

Although the numbers look better on the surface for these low cost homes, you end up with much higher expenses and more tenant problems.

All my HDTVs are affixed to a surface. 

But on the surface, from the cheap seats, it sounds like a great opportunity to learn and grow the business you want.