What you intend to do with the property is vital.

You don't want to get into the habit of issuing credits for every maintenance issue that arises.  

I'd like to get into good habits now before I have more properties and a greater need for a better system.

Thank you start by reading property inspection, and run general quotes on how much is to fix things.Have a habit of reading property inspection daily.

., you have an implied warranty of habitability.

Account Closed I am so glad that you asked me this question as it forced me to pull out a pad and a pen and actually write down my road map (I have a bad habit of not writing down my goals and just keeping them in hindsight which sometimes, they end up getting lost; in hindsight).  

To be successful you must have good money management skills and habits.

The first property I took under contract was in very bad shape, habitable but still in bad shape.

Also the home is not habitable.

If you are investing outside of your market, it is vital that you are working with trustworthy experts in their field whose interests are aligned with yours.