This one is most likely on you...plumbing issues that are normally those of the tenants are those that are visible - like a clogged kitchen sink or toilet. 

Multiple offers and sold in the first day of going to market are going to be the normal for at least a while longer. 

A ¾” pipe needs to be installed on the TPR valve,terminating to the exterior.7) HEATING: The Payne furnace is 29 years old, and is beyond the end of its normal useful life of around 25 years.

As far as vacancy I normally factor in 5% to be safe.

All of the lenders I work with on a normal basis tell me I need to have 2 years of commission pay to qualify for owner occupied loans. 

I ask because I found a house that's selling for 100k less than tax assessed value (MLS, normal house, great condition) and am wondering if I'm most likely walking into a sweet equity deal, or if there's some more nuance y'all have fun into.

I get to know them personally and get their phone numbers.. the buck stops with them normally.. in states out east or north east I am not sure I would risk much to do my own deals.. those areas are much more complicated than the CA OR WA ID NV stuff  

However, I asked for a rent roll and found that the tenant was only paying 50% of the normal rent due to the pandemic.

That's the amount of depreciation deduction you take every year.Unless you really have a superdupey perfoming rental, you should normally, at best, be in the break even ball park. 

If economy is normal, we can expect housing market to have a little over 2% appreciate per year just to beat 2% inflation.