If you find issues you can state that you found X item when your maintenance team was out there and you can have them address the issue and resolve it.

I never underwrite less than 225 per month in maintenance + capex, for houses >70 years old.

I am also looking for one or two local contractors who can visit the facility often either to show around for potential tenants OR to quickly take care of any maintenance issues. 

But deferred maintenance like roof, parking lot, and other big issues should be taken into account.You should probably connect with a tax strategist because it might benefit your business overall to paying higher rent, get higher debt on the property, and have significant writeoffs through a cost segregation study.

Length of tenant stay, maintenance, vacancy cost, and many other things vary greatly by tenant pool.

I don’t know how the numbers pencil out given that it’s a 20 year mortgage, so just make sure it fits the financial goals that you’re looking for in a property.Due your due diligence on the property and future repairs/maintenance costs, but the price/rent ratio seems good.

Ask your PM if they have a "Maintenance Escrow" you can setup.

In our lease agreement, the tenant is responsible for almost all of the maintenance and repairs, so we don't need any sort of property management.From time to time we will get a tenant/buyer with a good income and a sizeable option fee referred to us but we can't buy everyone a home so we have to refer them to someone who has cash or can still get a bank loan. 

Another issue unique to LV area in easton, Allentown, Bethlehem, a lot of building are over 100 yeas old so you may need to plan for more maintenence

A furnace is xxxxK and needs maintenance.