We assist our clients in all aspects of drafting, negotiations, and closing the deal!

Do you have idea of which aspect of Real Estate investing you want to get involved in?

One roof and a couple of units make investors happy. 

It is a very simple roof with only two short valleys.

Here are the stats$113,000 estimated ARV based on comps $10,000 repair estimate (seller says $5k but I don't agree)Seller is asking $79,000This property is pretty much ready to go (very close to turn key) the wood floors need polyurethane, roof is metal it needs to be painted and the grass needs to be cut and bushes trimmed.

Currently belongs to an elderly lady.)2 BR 1 BABuilt in 1940sNew roof in 2012Dry crawlspace with no visible issuesBacks up to train tracksOnly problem is that the house is set back from the street, therefore has an easement on the driveway.

Please tell me the estimated end of life of the Roof, Elevator, and amenities. 

I was given an estimate of repairs for $35 to $40k for total rehab. it needs roof & everything else like hvac, bring plumbing & electrical up to code, kitchen cabinets, appliances, floors, paint, etc.

I want to be able to build a strong foundation, and fully understand every aspect of this business.

Tenants are extremely hard on appliances, it is not uncommon.Landlord Responsibilities: Landlord will at all times during the tenancy keep the premises fit for human habitation, and shall in particular:a.Cultivate, care for and mow surrounding grass, lawn, flowers, and shrubberyb.Maintain the premises to substantially comply with any applicable code, statue, ordinance, or regulation governing the premisec.Maintain the roof, floors, walls, foundations, and all other structural components in reasonable good repair as to be usable and capable of resisting normal loadsd.Keep any shared or common areas reasonable clean, sanitary, and safe from defects increasing the hazards of fire or accidente.Provide a reasonable program for the control of infestation by insects, rodents, and other pests at move in f.Except where the condition is attributable to normal wear and tear, make repairs and arrangements necessary to put and keep the premises in as good condition as at move ing.Provide reasonably adequate locks and provide keys to the tenanth.Maintain all electrical, plumbing (main lines), heating, and other facilities and appliances supplied by Landlord in reasonably good working orderi.Maintain the unit in reasonably weather tight conditionj.Provide facilities adequate to supply heat and water and hot water as reasonably required by the tenant