It is also good to have some reserves (what happens if a hot water tank or furnace breaks down the day after closing).

Property Needs new roof in 5 years, roof old two layer kind, water heaters right now, sign of mold not that bad according to inspector just a small area where tenant has laundry hook.

Property Needs new roof in 5 years, roof old two layer kind, water heaters right now, sign of mold not that bad according to inspector just a small area where tenant has laundry hook.

My recommendation is buy a midrange washer and dryer and have them professionally installed, this will make the house more attractive to prospective tenants (most renters aren't brining their washer and dryer around with them) and you will ensure that it is safely connected as some are natural gas and washers require water.  

Imagine coming out of the backcountry to find out that your water heater broke three days ago and two sets of guests did not only not have water, they had radio silence from their host who they've been trying to get a hold of? 

Is rubs primarily for water only?

Hey I own a home in Darby PA and I wanted to know am i responsible for the water bill?

It’s walking distance w it’s own entrance to beach but it’s not right on the water exactly.I think I could fit 8-10.

@Thomasloaiza   I agree anywhere near the water with a pool will garner higher returns.

IN GA the sale was one day a month and you should have seen the crowds at those things  we did really good there until the hedge funds came in and blew all us little guys out of the water my first 14 months there i bought 55 properties however GA was terrbile getting you the trustee's deed many times taking 90 days, so the smaller investor whose model is to refi with HM the second they get the trustee deed was severely hampered...