I'll add you to my shortlist of handymen when we have FHA or other inspection required repairs.

I have proivided the link below for your convenience:https://codes.iccsafe.org/cont...In accordance with 14B-12-1207.2"Occupiable spaces and corridors shall have a ceiling height of not less than 7'-6" above the finished floor"However, immediately following that note; the code then lists a few "Exceptions" to meeting this requirement.

Alongside Seller negotiation I think you have to keep in mind the financing for the deal and it's requirements as well as the interest rate.

Hi starting a real estate investing company and looking for the best accounting software to manage financials from expenses; collecting rents; buying and selling, etc.

In most cases, real estate investing requires a substantial upfront investment.

I am unaware of any state that does not allow you to collect advanced rent, but I am not an expert in all states.But you are typically required to deposit that advance rent in an escrow-type account. 

If you hear "easy, fast, with no money required" - be cautious. 

Reece,without full financials i cant advise much, but i'd be leary if the deal doesn't pencil at least ok while the current rents are in place. reason being is you'll still have your expenses (PITI+mgmt+repairs etc) until the units can vacate, no rent remodel, lease up again. with that much repair it feels like you have a LOT of DD before diving in.

Generally, out of state owners have property managers and other ways of managing that makes it extremely difficult to meet material participation requirements.

Check with each utility to confirm you can have the additional accounts in a tenant's name.In our North East Pennsylvania location, the water companies will allow a separate meter, HOWEVER, they require a separate water main from the street hookup to the additional house meter so they may control each meter on the property independently of the other(s) without entering the dwelling.