It's a market that can be as low as 75% UNDER replacement value.

However, it was always a cute unit, and it should be very marketable with the new updates and especially replacing the tub only with a shower.

Since you know that you want 9-10 years you want to replace your income, think about what will get you there.

Do you see any issues with insurance companies not wanting to insure it unless all wiring, plumbing, among other things, etc. is replaced?

Can anyone here recommend a surveyor and/or engineering firm who can guide me through the land division process, create the new plat plan and help sort though the possible need for a new retaining wall on the south end of the lot?

I personally would fix the kitchen drawer and charge them if they damaged it (not normal wear and tear) and not worry about the rest of it until you have a turnover.They damaged the blinds they should replace them or live with them.

I would call it a red flag if they resist giving you everything you request for your DD document list quite quickly, their speed and thoroughness in response to that shows their willingness to sell imho.When you schedule your inspection you want all your professionals there at the same time to go through a single time, contractor, inspector, and any specialists you think you might need like roofer, engineer, etc.Also don’t feel pressured to make your DD and inspection time as limited as is common in SFR, give yourself 2-3 months at least, again, from when they deliver the docs you request.Besides financial DD you want to do physical DD not just on the property via inspections but visiting the area during day and night, weekdays and weekends, to ensure you have a feel for everything that’s happening at different times all the way around the block.

@Deb L.I think my cpa and I consider it my roof being replaced/repaired whatever the case is and thus depreciate or take as an expense.

Is replacing 4 rooms of flooring instead of 1 worth it?

Don't forget to charge them for all your costs related to finding a replacement tenant.