One unit is renting for 600 and I'm ok with it in its current condition, would up the rent after they move out and do some repairs, rehab.

WIth October being just around the corner, I have reached out socially to my property manager to ask for some advice on neighborhoods, strategy, finance products, ect.

What condition is the property in?  

I just moved to columbus OH and heard about this from my local REIA (COREE).I plan on going and once again face my fear of large social events from under a table :)

Also, in the event there is damage to the premises that the current owner is not aware of, how do I know what the condition of the property was prior to the tenants moving in or if they are trying to recoup their security deposit by claiming that the damage was there prior to the tenants moving in?

Meaning...what CURRENT condition are the mechanicals, roof, windows, etc?

And the property owners at that time came to form a partnership with a "committee" and created bylaws, which regulates the covenant, conditions and restrictions.

My brother just bought a place in Ferdinona, ny and asked me If I ever rented to department of social services.

., there is a new program now for investors, 80% LTV, with the only condition of property appraisals based on 110% of projected income.  

The property is in surprisingly good condition but there is some room for value add.