Also, just noticed that the metal handrail fell off and tenant didn't mention! 

It then takes 6 months detailing out the plumbing, electrical, hvac, interior walls and finish, cabinets, fixtures, flooring, paint etc.The metal shell is a hindrance unless you really want to tow it around ...alot, as even some trailer rv's use wood framing.

This property will be a buy-and-hold which begs the question of whether I go with a bit more expensive metal roof or asphalt shingles.

Its metal so they will rust out eventually.

@Yuvaraj Vimawala,We had a similar situation, in mid-May, when it was like 90+ the AC unit went out... except ours was brand new, and apparently it was just a bad condenser coil... and the part had to be special ordered, and then the HVAC company (which charged us $140 to diagnose it, and everyone else was charging at least $100 to even look at it) said they couldn't fix it until the very end of June.     

@Skye Anderson If it has any metal at all it magically grows legs and walks off while the house is vacant.

However, you would be more inclined to meet the Sellers price.You are correct assuming that the lower your Down payment is the better the CoCROI will be.Yes, PMI goes away once you refinance.I replace the roof on almost all my BRRRR deals with a metal roof.  

I am not trying to deal with a bunch of metal keys or 12pm lockouts.

it's a sacrificial metal rod that corrodes easier than the tank (by design), so that the tank itself remains rust free.so some tanks come with 5/8 OD diameter rods, others with 3/4 and I believe 1".I change them out every 4-5 years, they cost 10-20 bucks... 

They pulled too hard on the screen door, causing the attached metal rod to rip out a few pieces of wood from the frame.