Long story short, the new owners owned the home for 10 years (us maintaining the mortgage note the whole time) and then both the husband and the wife ended up passing away.... one in 2008 and the other in a tragic accident in 2012.

Have you visited all of the people in the hospital/morgue via car accident?

Not all of them, but be prepared to expect the unexpected !!

. -- I'm always conservative in my estimates, so if $2-3K worth of unexpected stuff comes up later, I've built in the padding in the budget.As for bigger stuff like a compressor being bad? 

Originally posted by Account Closed:Looks like a ton of unexpected maintenance.  

Some of the bigger players mitigate that risk with volume, hoping that the unexpected repairs are infrequent so that the money losing properties get offset by ones that are profitable. 

I include 1 months vacancy/year to allow for the unexpected.

I already booked flights, materials, etc for the 20th to start working on this flip.I should have gave myself MORE buffer, for the unexpected.

The following only works if it's in with the original agreement To get a lien release and avoid unexpected fees, homeowners should first ensure that they're working with contractors who are licensed, bonded and insured, and then consider always including a lien waiver or subcontractor lien waiver clause in the project's contract.With a lien waiver, when the project is successfully completed, both parties sign off and state that the contract obligations have been met, including the general contractor making all necessary payments to materials suppliers, subcontractors or vendors.If the general contractor doesn't agree to sign off on the subcontractor lien waiver, you can withhold payment until he or she has proved they've paid their suppliers or subcontractors.

Upon verification, the consultant will partner you with a title insurance agent, clearing your property’s title and offering you protection from unexpected financial or legal obligations.