They are very mom/pop style and couldnt really give any specifics on other expenses besides electric 30, taxes 270, water 250, so i estimated vacancy, repairs, cap ex, management, insurance, etc.

In an apartment building, the landlord is responsible for the HVAC unit(s), roof, water heaters, toilets, exterior of the building, windows, common areas, landscaping, etc.

It is in an "A" neighborhood with better systems in place.

Extensive work needed on a water damaged house.

After many conversations and much thought, they agreed to 'test' the waters and turn their home into a rental property.We have since transferred the property into an LLC (Assets protection), cash-out refi  and rehabbed the property.

Additionally, they have restarted the public water/sewer expansion project and will have most of the city on pubic utility within the next 10 years.

I would not use it as a reason to check the whole house, but you can probably see everything you need to see with a brief scan of the place while getting the dogs leash or making sure it has water.

I keep saying this, mold takes water has the leak from the plumbing, roof fill in the blank been stopped?

That's why it was a problem so often in foreclosed houses where the water wasn't turned off but the electricity was.

I plan to submeter the water and transfer that expense over to the tenants.