(Boiler/furnace, hot water heater, windows, roof, siding)Why is it vacant????

Especially in San Antonio, I've been reading how hot the market has been there the past few quarters ... private money lenders are dying to have you bring them deals.What is your end goal?

More generally, I keep getting mixed messages about contractors being hard to find due to the market being so hot. 

Asking $389,0008 unit Annual Rent Income = $54,840Annual Expenses - Gas/Electric = $5020- Insurance = $3500- Property Tax = $6396- Water/Sewer = $3535- Trash/ Lawn / Snow = $24008 year old roof, new water heater, old hot water boilerTenants pay their own electric Coin operated washer/dryerI will be purchasing with 20% downI have my own numbers and have included 5% each for vacancy/ capex in mine.

Find out how much it would costs to repair the damage and get rid of the termites and renegotiate a smoking hot deal!

(Currently in Texas it seems like a hot - seller's market.

Tried to buy in LA but the market is too hot. 

While lawyers are not perfect, and certainly can make mistakes, the advice in this stream from the non-lawyers could get you in hot water (and not the good kind that you have in Florida).

You might also consider a tankless hot water heater.

I would drop this deal like a hot potato.In many western states (Colorado, Wyoming, etc) folks came in and bought large parcels of land...then they subdivided those parcels.