That is where BP comes in, and I am excited that there is an even greater opportunity to achieve a steep learning curve within this great community.Currently, my partner and I are working on numerous action items.

If you are conducting a sale transaction as a non-licensed person with a seller who is non-licensed, you both can discuss disclosures of all of the items you mentioned.

Doesn't matter if you get a great loan if these other items are a negative.

Rent  $1400/month covers these items (as in your tenant)P&I Payment $500.00 Repairs Needed $0.00Taxes $118.92Insurance $208.33Management $182.00TOTAL ~ $1010/month x 5 = $5050Reserves to set aside (emergency - covers 5 months) $5098.33 Expenses Headache Factor=0% CAPEX  $70.00 General Maintenance  $83.33 Utilities 0 0 HOA Fees 0 0 Flood Insurance 0 0 Vacancy  $112.00TOTAL ~ $265/month of useless compensation (using this method) ~ $3200/year Seriously, if you have vacancy due to a repair issue (like a roof problem).  

I had a number of buyers have problems with warranted items post-closing, and they told me First American was very easy to deal with, and fixed the problems right away. 

I want to tie the design of the postcards and other mailings to my lead capture page.Was wondering if it's all worth it....

One of the specific items that was suggested to be included in the assignment was a clause indemnifying me from any claims/damages/expenses/liabilities that occurred prior to me purchasing the property and the leases being assigned to me.

Curt thank you I will get in touch with the listing agent and request all the items, excellent point about existing leases! 

Once you have a handle on these items you should be able to determine a reasonable price and your expected returns.

You'll find people on here who will tell you the cash flow isn't enough for that investment, you can't count on equity or appreciation, blah, blah, blah, but I like the deal (assuming the major items roof, hvac, etc are in good condition).