If you're going the BRRRR route, at least try and figure out what those rehab costs would be on the surface.2.)

You've introduced a new paradigm to investing that has been lurking right below the surface but not really identified.

We have base our guesses on a cap-rate that (on the surface) seems low 🤷🏻‍♂️

They do not get paid when the property is vacant, however they manage quite a few properties so I'm guessing one rental vacant for a longer time due to this is no skin off their backs.

The seller may be long gone with the money by the time a claim surfaces 3 years later.

I would probably keep the property, even though it may be around break even on the surface.

Many ways to skin this cat, but the point is that those who can own here do, and those that can’t rent, or eventually move out to less expensive pastures. 

There are more than one way to skin a cat as they say.

Mom purchased a house for him, requiring him to pay nominal rent (skin in the game — just enough to cover taxes, insurance, maintenance,etc.)

The house is in immaculate condition aside from what i consider to be two flaws.(1) the kitchen cabinets have been repainted, but were not done perfectly, so there are some aesthetic flaws that you really have to scrutinize to find(2) there are three bathroom cabinets that have water damage on the bottom surfaces from previous leaks that I did not catch in timeI've done a few showings on my own, and have not pointed out these flaws. i fully expect these flaws to be caught by any inspector who does a thorough job.What should I do in the showings?