A hydrostatic plumbing test is recommended to be performed by a licensed plumber post Foundation work.

The property I purchased seems to have updated plumbing and electricity.

Our plan is if a tenant does not end up exercising the option and moves, we could lease option the property again and the $3900 that the new optionee comes in with could help offset the turn over costs.Also, anything major that does break while the tenants are in the home (such as electrical, major plumbing issues, or an AC dying) we do take care of those things because we want everyone to have a functional home while they are our tenants.

The building itself is historic, but has had updates to plumbing, electrical and HVAC to suit office space needs.

We spent the last 2 days doing massive plumbing "repairs" to old galvanized supply lines with one shut off for 7 units.

Full rehab meaning, foundation, roofing, plumbing, electric, appliances and cosmetic work?

You've got no plumbing for 8 people.

“The water heater might go out, I know a window is broken, there are tree roots destroying the plumbing and you may not be able to flush a toilet soon, and I know some of the electrical is fussy...but I have no plans to make any of it right.

I'm being told that I need to pay for a check up on HVAC, plumbing, and electrical systems?  

BUT our plumbing guy suggested we add a sewer check valve ($595) & sure enough the new sewers flooded the basements in the street but not ours.We have had a few properties since & I always replace the sewer lines as the ongoing maintenance is brutal & when it blocks & floods the tenants basement you're usually away on vacation.