In fact, things like smaller stoves & water heaters are more expensive than full-sized if you need them.2.

NOT MUCH.. but it does keep from having call backs and if there is a water landing they know they have insurance.. at the end of 10 years our builder warranty is up.. and then on top of that I Pay 30k up front for a project policy that covers all the houses in that particular community for 10 years as well.. this is for 1 mil and basically its used to hire attorneys if we get sued for builder defect.so in essence on a new build we are paying on the 25 house communities we built the last two years total of 50 homes.. about 110k in insurance to cover us for 10 years.. the issue is the subs get sued first then the GC then me the developer  but subs being subs 6 years from now they are out of business or moved on so then its the GC's insurance then us.. 

Water/sewer alone are eating up $500 per month, which makes all the difference.Any input on the numbers and what you might consider doing would be appreciated. 

The roof structure was caving in, the dormer was not put in right and showed signs of leaking, floors where very oft needing a complete replacement, furnace and water heater was under water and now needs to be replaced, the downstairs basement had signs of mold.The positive side of things was the lot, the lot was very large.So my question to the community is(1) Is this normal in foreclosure property?

Those over leveraged will be in hot water when they lose income and tenants have no means to pay mortgage.

Hi, BP My name is Ryan, my wife and I plan on investing in real estate (buy and hold multi family) in the spring of 2019 by house hacking.

very common in low value C class areas .. other things that will take a walk condenser units.. most of your copper... your water heater.. this could be a sign that your in a bad area.

Be careful as a member of the LLC, listing agent and buyers agent, that water has more than a few snakes in it.

. $500 rent for $$33K per door look good as long as water and utilities are paid by the tenant.

Also your utilities at $880/month looks more like an annual expense for two units' sewer and water?