I don't want any problems and the siding is rotting away.

It doesn't have to be in your (the landlord's name) but you are ultimately responsible for that bill if a tenant leaves you high and dry.  

Service charge if property is located in building with multiple owners (150-350 € p.a.)Also, depending of the nature of your contract you eventually are liable for stamp duty (10 % of one month rent, upon signature of the contract).In overall very dry deal.

I started with one duplex and now own 1250 units (mostly larger apartment complexes.For now, I'd say keep your powder dry and get more education through some very specific books.Sound good?

It really isn't cut and dry it can be between those numbers.

Oh, and for some for not-so-good news this property happens to have bed bugs and a putrid smell from animals & rotting food in the fridge.

With houses, there are so many ways things can absolutely get destroyed by rain/mold/rot/etc, whereas I feel like a well run condo association takes care of the outside better.

Things that are aesthetic specific, almost always I would buy myself, but the labor is pretty cut and dry on these.

If you are thinking rehab and resell, then documenting every step, showing you waited for all the framing to get dry enough to re-drywall and perhaps getting pro mold treatment with a warrenty would help mitigate flood value loss.

The concept of an unlimited ROI was intriguing (using a hard money loan to pay and fix a buy-and-hold property and refinance after completion with essentially no money down).My questions are:1-"What happens when loans dry up such as during a recession?"