However, if the numbers are on the tighter side then forcing the repair might be a good option to use and still close the deal.I would assume that if you were able to get responses from a number of others on the site they would probably say things like I am going to list here.1) Problems can seem small and simple at first but grow larger in a hurry - it happens.2) Depending on the type of shower/tub installed in the above unit it may be more than a simple fix and get into much more money than you think - you won't know until you open the ceiling for sure.3) After the plumbing repair you could be looking at mold potentially in the joist spacing area between units.4) Depending on the length of time the issue has existed and been patched to get by you may also have damage to the wood - joists between units and or sub floor issues under the upper unit tub/shower.5) If there is insulation between the two units, you may have soaked and degraded insulation that needs to be replaced as well - good news is that rock and insul are cheap to replace.6) OR......... you may have someone open it up to fix it and its just a simple plumbing issue and is a quick and easy fix - totally possible too.Just as an illustration, I went to replace a bath faucet for an accountant friend of mine yesterday.

I live in Cali myself - if you want solid cash flowing properties, look outside the state!

I have a different method than Michael Paris on this one, I give out an rfq to the lumber yard, I have the architect call out types of wood, bolts, and other accessories (osb, doug, etc) to obtain apples to apples bids; on my rfq I put any miscalculations in quantity is going to come from their end. price lock for 2 months.

., vinyl vs. wood), or ???

I would try to get a solid base in your career, save some money, and then acquire a rental.  

The home is very solid and just needs some minor painting for updating.  

I quickly realized that, if played correctly, the real estate platform could provide a solid foundation of wealth for many generations to come, while simultaneously producing cash flow today and allowing me to retire early.

When I offered up my old house to the local fire department, they told me that they didn't want it, as part of the lot was wooded and there was an adjacent house on one side that was too close for their comfort.But, definitely something to consider...

I have flipped one, (my primary residence) and made some very solid money on this house, about 40% profit.  

I have a solid work history and W2s I'm just wondering if debt to income would be an issue.