Then you'll get the cashflow without the repairs (because in a sense you made the repairs up front).Ultimately, it sounds like you have a lot of life planning to do, and lots of options to weigh.

It is a job that allows me to have maneuverability; however, I am extremely busy with numerous clients throughout the day. 

I've never seen anything like this in my life. 

I've never seen anything like this in my life.

If they miss a disclosure or forget to give even a minor piece of paperwork it could come back to bite them pretty hard for literally the rest of their life. 

Most accurate way is to inventory any capex/maintenance items you are responsible for as opposed to hoa, then calculate expected life and replacement costs.

Once given life, the P.O.S. inspections because City Departments filled with people who only care about job protection, and certainly not the well being of the community or its members. 

Unless I make a 20% down payment, I have to pay mortgage insurance for the entire life of the loan.

The difficulty that I am having is when it comes to larger items, such as New HVAC and knowing how much to put away given its useful life when a property is acquired, Painting a property, new roofs (along with determining its useful life), redo of blacktop for parking lots (especially older properties).....these larger capital expenditure items are a lot more difficult to determine in my opinion aside from putting money away for unforeseen maintenance items or vacancy. 

:)I am from scorching AZ and thought I would introduce myself.Below is my profile "about me".In 2018, the light bulb went off for me.Many of you know this feeling.I have committed my life to personal development and attaining financial freedom, using real estate as that vehicle.Currently, I am a physical therapy student.I am working on the skills of attaining money, keeping money, and using money.My 5 year plan is to save what I can as a broke student, eventually completing my savings as a graduate and new physical therapist.Over my next 5 years of saving, my goal is to read over 150 books and learn everything I can about real estate and business topics.I believe this knowledge and quest to build relationships with local investors will allow me to hit the ground running once my savings and career goals catch up.I lover BiggerPockets, and I am excited to be active in the community.I am a newbie, but I will not be a newbie that posts one time and disappears forever.Say Hi!