I don’t know too many details about roof, hvac, plumbing etc., I haven’t driven the area yet.

Roof, HVAC, plumbing, foundation, hardscape, Windows, fending, electrical,  kitchens, bathrooms, hot water heaters, etc. all have a lifespan. 

All the big ticket items are brand new: electrical, plumbing, HVAC, water heater, and so are the appliances.

@Joe S.Manuel Sepulveda with guarantee plumbing.

I think this will be a great value-add deal.Purchase price is $385,000 (64k) per unit for 6units (all 1bed/1bath 504 sqft) 1953 vintage Apartment building with last renovations in the year 2000 such as electrical, plumbing, roof, HVAC etc.Down payment $70,000 at 6% with 12 month loan term with 1yr I/O, no pre-payment penalty, Current monthly income is $2,685 (avg rent is $447). 

I have 2 cc and 1 plumbing finance.

If you can have someone inspect roofs, plumbing, A/C unit, electrical, and more you will be fine.

(Floor, walls, paint, plumbing etc).

It worked out well, and we had a good relationship.If you were to move forward on a property like this, during the general inspection, you'd have your inspector check all of the major systems (plumbing, electrical, foundation, roof) for any flaws or obsolescence.

Because of the age of the house, the items to look out for are Electrical, plumbing, HVAC, foundation and roof, which should be assessed in the inspection report.Lot size: 0.1 acresGood luck with the project, and let us know how it goes.