Cautious by nature, I am trying to ease myself into real estate.

Even though I am a newbie within the industry I am quickly developing a natural ability to research potential residential properties and providing a very detailed summary as it relates to the profit potential, risks and legal aspects of any property of interest.

I would call a few PMs and ask them if it would be difficult to rent out a house of that nature.  

Most banks cost of funds are generally short term in nature (checking accounts, savings, cds, etc) and therefore the don't want to match long term assets with short term liabilities.

The path you take depends on your financial circumstances and your natural strengths.

I know it's not cut and dry, and definitely depends on the nature of the problems.I would think a water line break or sewage backup would warrant an immediate response?

Possible main drain pipe replacement and new natural gas heater needed. 

If you have not covered up the subfloor yet, stop in to your local pet store and look for "Natures Miracle" it is an enzyme to eliminate the urine.  

I was discussing with a friend today the potential of incorporating heat and hotwater as a profit generation source.  

Underwriting for a living, naturally the idea of investing in real estate appeals to me.