If you're in this for the long haul you will have expenses like roofs, sewer lines, nasty evictions and major tenant damage.

I would also find out ages on key systems (roof, HVAC, electrical, plumbing, fire alarm & suppression) and estimate initial/short term capital outlay accordingly {If you get to an accepted offer, you'll look at these things in more detail}Are all units separately metered for all utilities?

I'd say you should wear a retracting harness with a tether so you don't fall, but hey, any contractor I know would shoot you if you followed them on top of a roof so I think you're safe from falling, (not safe from bullets, so don't try going up there after them!)

It has a new roof and new electrical.

(LOL) Condos with basements are common here, the fire-common wall footing is below the slab grade and extends up to the roof.

Owner pays taxes and insurance and outside maintenance like walls, roof, parking lot.

A new roof is going to run you 100 months of savings (I'm assuming these are small houses).

Roof over kitchen is leaking.

It's most likely a leaky/pierced supply line or a gutter/roof leak.

Then see what else is available after that.I love that my initial $30k cash investment can be used to purchase 2 more properties, my ROI will go through the roof.$30k cash$900 x 3 = $2700/mo rents50% expenses = $1350/mo rentsPI @ 5.5% = $550Cash flow = $800/mo x 12 = $9600 / $30k = 32% CoCSo, I'm looking at going from 3 to 6 rentals next year with no out of pocket cash.