My offer is usually based on his original estimate of the cost of repairs.

For example I have a customer in Zurich who needs a mattress and adjustable base that only exists in the USA and they don't want to pay retail pricing.I wish I knew how to do deals like this well with RE and had all the contacts.

Hi Maria, I'm based in central CT.

Sounds like you have a great base for real estate investing! 

- Based on your experience, what should we expect for maintenance expenses? 

Based on my research on the property can the forum please provide some guidance.Basic Info:  Purchased at auction for for ~$5000.  

It might be a weird time to pick up multifamily rentals since there is a massive apartment complex being built at the moment, but single family should be pretty safe.Also worth mentioning San Antonio is experiencing massive appreciation right now and a portion of that is certain to spill over into the Corpus area based on proximity and a lot of San Antonio residents vacationing there.

Researching similar rentals and noting renovations in your listing can attract potential tenants, with room for adjustments based on demand.

Obviously you are a minority - based on my anecdotal experience. 

These typically do not require any personal credit checks and are directly based off the property in question.On top of the $10-15k as a down payment, do you have any capital to invest into the property?