Excluding areas immediately on water or with few inhabitants. thoughts?

If it comes out that you rented to two tenants on top of each other, then you can be in hot water. 

We paid the fees and added the required safety features, painted the exterior, repaired the back deck, made repairs to the upstairs kitchen and added a sump pump with drainage in the basement due to flooding issues.

I've only had to put in about $1,500 in some plumbing, water heater, and HVAC maintenance issues and I gained a tenant paying $750/month with very little effort.

I've only had to put in about $1,500 in some plumbing, water heater, and HVAC maintenance issues and I gained a tenant paying $750/month with very little effort.Lessons learned?

My primary concerns are: it’s a rather small town and I think somewhat limited applicant pool to fill the units. the current owner pays water and electricity - I’ve asked for recent costs which the realtor is in the process of getting but it did not sound like a substantial amount.

Hi Dhvaya,So, lets break this sandcastle question into some grains of sand, with some statements.[1] LVP does not like water (most of it--but not all).[2] LVP damage seems to mostly come from scratches, deep ones and light ones.

There is standing water in the crawlspace, some work to be done on the kitchen floor, and some electrical work. 

skim with a roller of watered down mud and a squeegie.

The leaves will soon be falling in Cleveland which can be a problem for your gutters potentially leading to ice dams on your roof, water in your basement or a variety of other issues.