For example, there may be clean up expenses, sometimes requiring the use of a professional restoration company.Where a tenant's death occurs, the landlord should find out the name of the person administrating the estate in order to open the line of communications about money owed, removal of personal property and transitioning the property back to the landlord.

Thank you Michael. yes I wanted drill down dipper and know more on how to effectively calculate repairs, maintenance, property management , vacancy expectations, and all other possible expenses that may possibly occur in rental properties. 

With $2k, if one medium/large issue occurs it could put you out.

This is not correct, because its effects on the mortgage payments are occurring over two different time spans (15 years vs 30 years).

This likely occurred when some past tenant had electrical work done......accidentally, or on purpose.

I've been a member for sometime now but I typically take the backseat on the forums soaking up as much advice/knowledge as possible while saving capital.I currently live in Raleigh, NC but interested in investing in Baltimore, MD (where I had attended school) due to the low property cost and the redevelopment I see occurring in certain neighborhoods.I'm an eager desired newbie investor — haven't taking that leap just yet.

How can you find/predict where these type of transitions will be occurring and buy into another area at rock bottom?

These things are being used much farther north of Philadelphia, so I have to think that this temperature (where efficiency goes too low) has to be low - and inside the city the number of days where that temperature occurs becomes your next data point to research.Now, is this a row house or semi-detached twin or fully detached?

You may have some equitable remedies should that occur, but you are still going to be fighting to keep your interest in the property.

Whether the B -> C sale occurs hours later or weeks later is irrelevant.