Just interior painting alone is a few thousand.

Interior is in need of major work.

I've had to repaint a house interior twice after a tenant left. 

Originally posted by @Meir Sasson:Thanks for the info.Gary , regarding the extension life of the roof without a gutter, the roofer is claiming that since the water don't move down in a clogged gutter it is ultimately damaging the roof, soffit and fascia.Meir Absolutely a problem up here...in fact we have to put roof deicing cables on many roofs to avoid ice dams pushing back moisture under the roofing tile then into the interior & also destroying the facia.  

It was a pretty good fraud they had interior pictures and the code to the lock box.

Purchase price: $260,000 Cash invested: $30,000 One story ranch, outdated interior, 3 bed and 1.5 bath on first floor, full basement What made you interested in investing in this type of deal?

and interior painting and floors. 

I’m doing minor interior rehab/repairs on one unit and the other was a flip which is move-in ready.

So interior maintenance shall be non-existent to very low from the onset. 

Even with an HOA that includes exterior, you have to take care of the interior. appliances and hot water 12 year life span. floors 8 year life span(some use 10-12 year life span),hvac 20 year life span.