The seller bottom line is 400k. 425k.The NOI on this property I calculated it to be about 25k after factoring all expenses (like taxes - 9250, insurance - 2200, water - 2000, a 5 percent vacancy factor and a 6 percent maintenance factor.

Anything west of Hendricks in the San Marco area had high water or flooding.

We also did the same thing with the water bill.

Some may give you details on cost or some may not.Also i would try to find out from listing agent or owner, if it has access to public sewer and water.  

One way to grow out the system might be to offer property managment for clients you help with purchases.

Maintenance is replacing a water heater/range unit/light turn over.

I am aware that the neighbor had the water shut off from the street because a pipe had burst in the basement one winter.

If you are in a bigger metropolis area, and you have never worked with them before, hold them to a high standard and make them prove their abilities before you go on the honor system.

I am aware that the neighbor had the water shut off from the street because a pipe had burst in the basement one winter.

@Neal Collins I spoke at length with AppFolio because I don't have enough units to use the platform (50 minimum are needed), and my broker told me I can be added as a property manager and manage my portfolio separately, but after we looked into the system and how it would work for handling funds, they said that even though you can have separate property managers manage separate portfolios, you cannot have separate bank accounts.