Here is their response to my question about maintenance fees:When it comes to maintenance issues, will there be a set hourly or flat rate fee for repairs that are performed by your maintenance person?

My suggestion would be to hold if it’s performing unless there was an opportunity to trade up to a significantly better quality asset, like a B+/A location (GV, Summerlin)

In reality, the $100K is never going to be consumed because the RE will be positive cash flow, even using the conservative numbers I used for this exercise, prior to consuming the $100K.Tell you what. 

I bought 2 foreclosures last year- one was a buy and hold brrrr in Middletown, Ct (one of my best performing properties) and another was a flip I actually just listed yesterday in New Britain, Ct.

Without the Right of Survivorship in the Deed, it would seem that your contract is void as to the interest of the deceased parent (who never signed the contract) and voidable as to the child (who we presume can not perform).   

Winning bidders didn't perform, attorney didn't publish in the newspaper, bankruptcy, another bidder not perform.

@JD Martin - do you guys perform (or do you have a PM) perform inspections?

They had unqualified and unskilled workers perform several repairs that were both dangerous and ineffective.

I've noticed a direct correlation between communication and performance with PMs... the minute the communication drops off, so does the performance.

that is requiring me to estimate Capex (which for this exercise includes maintenance) across US cities.