There are tons of expenses so it not managed right it will be under water.

Purchase price: $250,000 Cash invested: $115,000 Rental must be refurbed after last tenant, pool /hottub/ yard issueLeak from water heater created major damage, but didn't compare to tenant issuesMaking decision on selling/renting again to mitigate the costs of repair What made you interested in investing in this type of deal?

Think roof, furnace, water heater, etc.

I have an awesome family play area.It is the lake and I provide water toys.

So, a quick rough estimate of my expected usage: portland cement to water ratio is 2:1 with no aggregate added, foam to slurry ratio roughly 4:1.

Tenants want free water, utilities, rent, and now you may also be subject to provide the building with free Internet.If it was such a deal and a steal; I assure you someone or some company with larger pockets would had bought it already. 

If your tenant receive any other charge (late fee, water bill etc...) they can not make one single payment for the total amount due.

Anyone heard of services like Choice Warranty that take care of any maintenance items for your houses like heating/plumbing/sewer/water issues/appliances, etc.?

Anyone heard of services like Choice Warranty that take care of any maintenance items for your houses like heating/plumbing/sewer/water issues/appliances, etc.?

Should I venture into these unknown waters?