The risk far exceeds the profitability and I would not want to have a hand in the demise of anyone's dream or financial loss.

Seems like every page has a sales item on it, I'm not sure if it is a community or a web-store. 

Agree, but I would add since you plan on holding the property, have the HVAC contractor do a professional inspection/evaluation in addition to a quote for the items from the inspector.

Right after you close on a property you should get an insurance policy that protects you if there is a loss.  

The basic premise is, you add $5K for each major repair the property needs and if you have five items, add another $5K to the tally to cover yourself.Makes sense?

Right after you close on a property get an insurance policy that will protect you if there is a loss.  

Get at least two contractors for each to give your their opinion of the operating condition of those items.  

I recently wrote the blog post What Serving on My HOA Board is Teaching me About REI and today I can add one more item to the list: Opportunity to Find Partners.

From and after the date of this Contract, Buyer shall indemnify Seller for, defend Seller against, and hold Seller harmless from any liability, loss, cost, injury, damage, or other expense that may occur or may be claimed by or with respect to any person or property on or about the Premises resulting from the use, misuse, possession, occupancy, or non-occupancy of the Premises by Buyer or Buyer's agents, employees, licensees, invitees, or guests.

A fixed amount for a property, based on the condition of the high dollar amount items and likelihood of failure.