Obviously, some of the capital expenses like roofs, furnaces, foundation, etc. can sway things one way or the other in a large way, but how about an entire remodel for a kitchen that has bad cabinets?

JJ Mayer Is be looking at the age of the roof (hopefully replaced) and make sure it's not about to cave in.

When I replace a roof, I then take my cashflow and put it back into the reserve account until it gets back to $54K.

I would try to aim for 150 mailers. when person call make sure you take address, general info "bed, bath, basement, garage, brick, frame, does it need repair, roof, bathroom ETC".

Hi Kevin Guo, I used Already Home InspectionsInbox me for the number.He inspected my 3 unit, all three units, bricks, roof, garage, basement and everything.

I'm selling my house osbo have a contract for 230k with 9k cash to the buyer, for closing and the roof is older.

I lived in a 20 bedroom house back in college, and after 3 years we racked up a $70k bill for damages, got kicked out before our term was up, and found ourselves in a lawsuit.

With the amount of money you've got in that account, you are prepared to replace a furnace, roof, driveway, and water heater on 5 or 6 houses, all at once.

However if you include Debt Service, it's suddenly more like 4.8%, not as exciting.The Association maintains the building, takes care of all the common area maintenance, flood/fire/liability insurance and maintains accounts for all the large capex (new roof etc).Right now it is one large unit made up of 4 smaller units which is occupied by a tenant who would stay in place.  

HE ADVISED THE WORK THAT HE HAS DONE ON THE HOUSE (NEW ROOF IN 2011, HARDWOOD FLOORS ON FIRST FLOOR, NEW HOT WATER TANK, REDONE A BATHROOM).