You analyze market rents comparable to the lease.Developers like to build in TI into the leases which can sometimes push rents higher.

I know its costing more than ever per lead but I would love to hear from everyone sending direct mail regarding the following;My answers below!

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You definitely need to consider the liability, however, you can overcome that with insurance and taking the proper steps to follow the laws in your state around securing the pool.

(I would like to think the Title company would catch this but, if water is in Tenants names you need to ensure they have not racked up an unpaid balance, because this is the one utility that will not follow the Tenant and will instead stick to the property, like I said I'm sure the title company should catch this but never hurts to be sure otherwise you may be facing the option of paying an extremely high water bill or having the water shut off.) - This may also be a question for your Title company first.In your inspection contingency  you would like to review most of the above during that time, can it be provided for your review then?

Hi Jack,Very interested to hear if you followed through with this opportunity as I'm in the mix for a similar opportunity.

My agent tries to push business policies that cover liability, reconstruction as well as rent loss and coverage on anyone working at the property etc. 

I did not over analyze this, but I followed the advice of my attorney and the majority of local investors  hold their properties in LLCs.

The "why" is really what has pushed me to take this next step. 

Matthew Jurica I will be grateful forever that Dave Ramsey's book pushed me to get out of debt and get my finances right.Keeping that in mind, I found myself lost when he encourages to invest in the stock market.