Huge hole leaking water into the roof, and more.

I personally like the buy-and-hold strategy and we help clients who share this long-term, wealth building mindset. 

The rules are more complex than we can fully explain in an online forum.

@Mindy Jensen @Brandon Turnercan someone please help.

Quote from @Gregory Schwartz: Quote from @Arn Cenedella: @Gregory SchwartzThanks, that’s helpful.

Pretty easy to make 2% or more when you're spending that kind of money.

Any general advice would help.  

We usually have inspection clause in our agreements for no more than 10 days after EMD is completed. 

That will help you garner a better picture on if holding this property longer is a fit for you. 

That way, there is some type of cushion to help against any high usage months, should they just happen to use more than your previous tenants did, or if you unfortunately get tenants who abuse the "utilities included" opportunity.