First-year was a wash.

Before buying any long-term, expensive assets such as vehicles or washing machines, we always read reviews, talk to friends and family, and research options before making the purchase decision.

A financial statement would have shown the washing machine income was lower than expected.Do you not require the seller to provide all existing contracts prior to the expiration of the due diligence period? 

Property amenities include pool, outdoor kitchen, outdoor TV, basketball court, playground, business center, car wash, clubhouse, and fitness center.

I told the tenant over the phone that I found nothing that even resembled mold, but i would wash the wall down to make her feel better.

They may keep it as an in house portfolio loan, but may restrict the LTV so it could be a wash. 

We have found that dishwashers often leak or don't clean well, fridges have bad motors and don't cool for very long before they break (and then you have to reimburse the Tenant for their spoiled food), and washing machines work, but don't spin. 

The tax deductible interest makes it a wash.  

He then asked if there was a fee and I told him that there was. He

His example was he did a speech about his kids and then his hand out was the "10 things my kids taught me".