Your roof (or water heater if you will:)) will cost the same, so that $20,000.00 property with a $600 rent all of a sudden looks like a pretty crappy deal compared to a 200,000.00 property with a $4500 rent even though the percentages is way higher.

It's amazing how much one can save on the water bill alone just by replacing the toilets with a new water saving one, which can cost as low as $30 from the big box stores.

On physical inspection all of the electrical panel had been stolen, all the wires cut out of the attic, water heater, and air conditioner as well. 

I just renovated the bathroom because it was terribly outdated with cracked tiles and water leaking into the basement and I am planning on re-building the porch because it is a potential safety hazard.  

I provide information forms to all new renters giving them the pertinents - location of water/gas/electric shut off, phone numbers to all utilities and emergencies, trash & brush collection info, specific information about maintaining/cleaning the house, etc. 2.

I do know that there have been stricter rules and guidelines regarding water runoff and such since much of our ground water eventually impacts the Chesapeake Bay. 

Your utilities number looks low - $200/month for cable, wifi, heat, electric, water???

What I can tell you for certain is my first deal was like jumping into the water.

So if you could tale a couple minutes and share your worst story of dealing with a wholesaler, I'd be super-pumped (and be one more step on my way to doing something not bad).

Do you feel comfortable buying a house that may have extensive water damage/mold?