Also, what market are you looking into? 

That's your job. you should be inspecting the rental at least once a year and looking for things like this that could cause problems.I'm curious why your caulking is completely gone if this is "newer" construction.

Quote from @Johann Villalvir: Hey looking for other data nerds here.

Buy a $15 blender at Walmart, and they'll try to sell you an extended warranty.

Im self employed, roughly make $130k gross anually, 1099 NEC , no debt at all, 740 credit score. 

Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.

At those price points I'm assuming this is a more cash flow area like the rust belt, or other mid west geography.

Check it out here: https://get.biggerpockets.com/momentum2025/

Is there hope for me here?")

On public websites, I see some options to acquire a duplex in central Los Angeles under $550K which would require at least another $50K of work if I do not outsource most of the labor.