New shingle roof - $6-8 per sq ft New high efficiency furnace and all new duct work with 8 reagiters - $5000-7000New high efficiency tankless water heater with new 1" gas line. $3500-5000New hardwood flooring with stain - $10 per sq ft. 

If I have a list of items I need for due diligence, a) some requiring information to be provided and b) things like inspection of systems and facilities, would I provide that at the time I submit the LOI or at a later time?

In terms of underwriting, often water and Gas will be paid by the owners, while in most situations there are separate electric meters. 

While you are figuring out your contracts and systems, start dialing and knocking.

However when the plumber was their he tried to isolate the water inlet to the condo and it wouldn't stop the water! 

The list goes on.You can get a sense from that that how you'll manage in a particular area is really defined by a combo of a lot of external things and how you fit your services into the local market, and how to best serve the needs of your clients and tenants.Beyond all of those things, the best advice you can get, if you're serious about building a property management company, is to really think about what systems you want to put in place.

My blindness requires that I establish alternative systems to identifying sellers and buyers, and successfully closing deals, a challenge I am ready to crush.Below are some of my goals with wholesaling.To build cash reserves.

Also if you buying an older home unless absolutely sure you have a new waste line.first thing out of the block is a sewer scope.. much better to deal with that before tenants move in.sewer may work when inspector flushs toiled once or twice and runs the water for a minute but when house is put into full service and you get a back up.. you now have an emergency plumbing issue that will be 2 to 3X as expensive if you just put a new one in while under rehab.. plus it will last the life of the investment.. the number one issue with rentals is plumbing.. so take care of if prophilacticaly

Could his water be “grandfathered” in?

owner has not rented it out this semester due to do some rehab, actually did most of the bathrooms and they are in good shape, carpet is awful, needs paint, kitchen cabinets and better lighting. lower level apt needs gutted due to toilet leaking from above. here are the numbers:purchase price 330krents last semester avg=333/month, did not rent over summer, "I let them just leave their stuff til the next semester", my friend was seeing RED after this statement...expensesrents (if occupied at 333)=3663/monthtaxes 2200garbage =100 (actual quote from WM)water and sewage 525electrical=passed through to tenantPM=started looking, but quotes at 8-10%insurance= 300 (est.)planning on ripping carpet out and going with vinyl hardwood throughout, new cabinets in kitchen and paint, fix lighting and general clean up. plan to get rents up to 500-550 month, lease term 1 year. interviewed PM and he said they take one month's rent for placing a tenant, is this typical?