Canned goods and bottled water

Research the correct way ( I believe putting in what amounts to an escrow account) and include a letter with your June rent payment explaining that per PA code XX you’re withholding $yy this month to cover the costs of non functioning systems that were included in the house.

Going to try and purchase a condo through them on the lower end of the scale to test the waters before I hopefully move onto more and bigger deals.Thanks!

There are also signs of a cover up at the base of the foundation because there are new concrete blocks there to hide the foundation and a temporary drain placed nearby to prevent water from reaching the foundation.

@Caplan Abbey where is maintenance, repairs, less vacancy, ground keeping, service repair (pest control, hvac), water/sewer, management fee, advertising, etc..

What are other similar 4-plex units selling for (sold comps) and I personally would be offering less to test the water.

I could be wrong, but less chance of deferred maintenance issues due to gradual water leaks in bathrooms in upstairs townhome style.I agree that 5 caps aren’t the best area, but if it’s a 5 cap and two units aren’t rented, that provides some immediate increase to income with a relatively low capital outlay.

@Daniel Suarez  There's a very real danger of electrocution in that water, so be sure that the power to the house is shut off before you go diving in.  

I always call the electric company and the water company to let me know if servicers are on.

That said, the effort that it takes to put systems in place to consistently find deals, rehab to proper standards, place good tenants, and then manage those tenants is 100X harder than marketing.