I am looking to hire a crew of guys to paint a house I bought and one of the contractors offered to for me to pay time and materials. 

These two building will need some serious rehabbing plus some utilities, septic,electric to barn ect.

The lot is in Central Phoenix, on a developed street, so utilities, are nearby the land is uneven, I would say the elevation changes around 7 feet, and currently there is a wash going through the property. 

The property appraised for $41,000 and i will probably shoot for this number for a sales price with $3-5k down.The one bedroom will rent for $600 with all utilities included and will make the owner occupants payment. 

I would like to use my utility room in the basement to add 2 sets of coin operated machines , but my issue is that where am I going to get the hot water from?

I have not made the transition that you are making but my brokerage works with a number of contractors that also invest and I can say that deals are made even sweeter when you can manage a project yourself and get all your materials at cost.

Cannabis is just a simple herb.Was checking on raw material suppliers and market for those secondary product.

I wouldn't just tape those up.....Hard to tell on pix, but it may just be dust that is accumulating in areas due to normal air circulation/turbulence....if that's the case, you really just need to clean the unit up...... dust will kill the efficiency of cooling unitsWorst case is that its something liquid leaking and its blowing that material across that surface and dirt is sticking to thatBy sealing it up without knowing the issue, you are just encasing the issue out of site and will likely just postpone needing to deal with it.Id take the covers off and take  a better look....my gut is that's it dust material

So lets jump right into the details.My wife and I currently own a home (in Hawaii) that we purchased 4 years ago utilizing the VA Loan.

If you have 16k cash and can afford the holding costs, live nearby and can keep the property and rehab materials secure it might work out.