Now’s a good time to practice, network for your A-Team (attorney, PM, GC, CPA) and learn to scale.Always make a “ridiculous offer” of 75% ($337.500,00) of purchase/asking price ($450,000.00) to test the waters.

Am I correct to assume that mold, heat/cooling system, and insulation inspections would all require specialists in those fields or should a general home inspector be able to asses all of these areas.

He had a number for the bank but I had no way to reach someone what would know about his case per say.I started doing some more  research on short sales because I do want to be able to navigate some of these potential leads to more of a systemized tailored strategy  butttttt during my research I kept coming across articles that stated that the lender would require the property that is being negotiated for a short sale to be listed on the MLS.

And it will give you some ideas of how the system works, legal tactics to use, and whether your local judges lean toward enforcement or tenant advocacy. 

(city water main broke and flooded basement) insurance work was approx. $25,000.

You might want to check those numbers to make sure that's what you're looking forJust a back of the napkin calc shows that your month net operating income might be almost zero  Asking price $135000 Monthly payment  ~$1600 Monthly income  $1800 Water  $80 Repairs  $100   Total expenses  $1780 Total monthly NOI  $20   Keep in mind that $100 for repairs a month is probably a low estimate and the monthly payment of $1600 includes taxes, insurance, principal and interest.

Big companies have COGS and Overhead cost accounting and allocations, why are landlords who actively manage their properties left in the murky water by the IRS?

They have high flush toilets in all their units and are paying the water and sewer for the residents excessive usage and just don't care. 

I also love analytics, the truth is always in the numbers, and I love the endless strategies and systems RE investors have derived to be successful.  

View report*This link comes directly from our calculators, based on information input by the member who posted.Did I get the expenses relatively accurate, esp regarding water (Cleveland) and lawn/snow?