If you have a professional property mgmt company they maybe able to provide these reports as well.3) Other BP members can correct me if I am wrong, but there isn't a typical expense rate for an area. 

Regarding infrastructure, start talking to other contractors to get bids and opinions on any potential pieces of land you're looking at buying.

If I'm correct, while the bill passed the house, it never passed in the senate and is 'dead.' 

.)- Termite treatment- 1 dysfunctional water heaterAccording to contractor bids, there is at least $45k worth of repairs. 

Not view property, not review leases, not review expenses, make a bid, pay for an inspection, ask for information, get out of bad deal. 

You're correct, the market has slowed down a little over the summer.

Interested in more active bidding.

Am I expected to come with correct numbers 100%?? 

@Jim Webster @Jonathan Pflueger yes, definitely something else going on...I'm a licensed MLO here in CA (nmls 1503643) I've mentioned before that lenders have "over-lays" which are extra guidelines, and it sounds like you are only getting one opinion, maybe not the correct one. 

@DJ Richmond is absolutely correct with potential equity as well.