It is a turn key property , A- condition, new roof installed 2005. 3 Units are 1 bedroom and can rent out for $700+ and 1 unit is a 2 bedroom can rent out $950+ Even at that over priced asking price of $234,000 it still can hit the 1% Rule even with me living in one unit for 12 months.

Hey Guys/GirlsMy Name Is Shane, I work at Florida Home Improvement Associates In The Beautiful State Of FloridaI Just Want To Get You A Completely Free Estimate On Impact Windows For Your Property And Also if you Need Roofing Kitchen Resurfacing Or Bathroom (Tub and Sink, The Wet Areas)Please Feel Free To Connect And Contact Me, The Estimate is Completely Free, Nothing To Lose And Its Good For A Complete Year, Price Locked In!

Also if you get the home and pest inspection together they will inspect the roof for free as well.

new deck, front entry stairs, new landscaping, removed weed overgrowth, exterminated pests, fixed some siding and roof damage, fixed clogged plumbing, replaced fixtures, improved drainage, added structural posts and reinforced basement joists.What was the outcome?

My retired family member has been living in their mobile home since the late 80s in Arizona and part of the roof is caving in.

My capex budget includes roof 25 year life span( flat roof only 15), floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year lifespan, bath and kitchen remodel 20 year life span, etc.

We’re talking about sidings, roof, you name it.

We're investing in Cincinnati for multifamily properties with these criteria:30+ Units1mm - 6.5mmPitch Roof(optional)Value AddClass B/C property Seller finance (optional)Cap Rate 6% - 12%Agency debt Cash-on-Cash 8% -10%IRR 15% - 20%It's a great market for out of state investors. 

Called the property manager and he let me know that yes, there was a leak under the sink that had dribbled onto the floor and it was under control. 

I'd be more concerned about any more major repair (electrical, plumbing, HVAC, roof, foundation, etc).