The REI market in USVI is very unique as property values are being held down by economic pressures providing the opportunity for low buy in.Here's the link to the listing in case you are interested:  https://listings.coldwellbankervi.com/idx/details/listing/b3...

I’m looking at an off market 4 plex in Reynoldsburg area … asking price around 600k, massive units getting about 1500 in rents each.

Most home warranty policies would cover leaks.As far as what is acceptable, in my market (Milwaukee) nobody bats an eye on cast iron sewer pipes or clay tile sewer lateral.

We haven't done the subscription either due to our market being mostly Airbnb.

I would expect to see property management, admin, marketing, and contract services (more than just lawn care.) 

(And yes I think the current rental market there is crazy expensive.)

So STR loophole there are personal use limitations: To avoid having the property classified as a "residence," which limits your ability to claim rental expenses, your personal use of the property must not exceed the greater of:14 days per year, or 10% of the total days the property is rented at fair market value

What markets are you finding most promising for Fix and Flip projects, whether in Virginia or other states? 

We went directly to the listing agent, and we noticed that it was on the market for a very long time.

We actually market 25 of the largest counties in Florida, excluding Miami-Dade and Broward.