A lot less maintenance when you aren't dealing with knob/tube and ancient plumbing. 

@Lee SyndergaardFirst I would make a list of all my assets and the way they are titled (bank accounts, savings, brokerage, retirements account, properties) and their value.I would bring also copy of will, living trust, advanced directive, and other documents regarding estate planning.Then I would also have a simple financial statement of the different investment properties and bring a copy of the lease agreement and insurance policy.The different topics that you would probably want to discuss with your attorney would be:Your estate planning,Your asset protection,Your real estate operation in regard to tenant selection, lease agreement, tenant eviction, security deposit holding and return, advertising regulation, licensing requirement, insurance.

I think this timeline will depend a lot on people's level of worry around Covid, as well as what state and city specific regulations still in effect.

But what cannot be denied, is in general, the PM industry needs serious regulation from the overlord themselves, the REC.

My goal is to refi it within the first 12 months.4 bedrooms now (planning to split a larger one to two, so will be 5 bedrooms) 2.5 bathroomsNo garage or carportFoundation repair: $5200 quotedRemodeling: Two kitchens, 5 bedrooms, 1.5 bathrooms, changing some molded sheet rocks, floors, adding new mini-splits to the larger unit ($3K)Total estimated remodeling costs: $25-35KThe remodeling is for the basic but necessary things, and is not intended to make the property elegant, because I am thinking about remodeling and renting it out for about 5 years, then tearing it down and building a 2 detached units (can build out up to a total of 2800 SF with the current city regulations).

This will also spell out all the rules and regulations to continue to qualify/ avoid eviction.Instead of using fear of eviction as a means to keep tenants in line, create a cultural shift to address underlying problems instead.

A reasonably priced company for sewer in our area is Leak Free Plumbing (Aram).

Low flow plumbing fixtures, LED lighting, High efficiency Heating and cooling.

Check to see what regulation there is around qualifying the buyer.

@Justin CarterSince the leak is above all plumbing pipes it’s pretty safe to assume it’s a roof leak.