You collect the rent, and you in turn are responsible for paying taxes, all repairs.

Since I can't do an inspection w/o water active there's a risk.Second the lender/agent have asked that I repair the drywall for appraisal to go through.

The owner of the vehicle contacted me initially asking for money to repair the car.

Is there a cap3) maintenence and repair cost for tax deduction4) mortgage insurance, pmi, mortgage interestRegardsSuhaib

Property would need, so far, minor repairs.

I still plan on taking out a percentage for repairs, capex, vacancy, and management.

And if the report has issues you can see if your seller with A) Repair or B) give credits/agree on an even lower price for the property.Realtors don't typically find me deals - I find the deals, run the numbers, etc.

After you repair their credit, I will be happy to help them get funding. 

@Tamara Troutt another technique is to send out mailers and have the people call you.

The cash flow after that point would be great and the whole property (minus a few repairs) is paid for by tenants.I have a day job that I enjoy and I have other cash flowing properties already that more than make up for one that doesn't.