Has a brand new roof, but the furnace is original (38 years old), and the water heater is 14 years old, so those things are going to be costly in the next few years. 

He has already provided us with all the leases, rent roll, and Schedule E for the loan so this one seems good to go.The 6th one with the condemned unit we are going to see tomorrow.  

@Christopher Winkler This one is basically for a brand new note.

Hello BP,Im a brand new RE agent in cleveland and Im planning to make my first investment in the summer.Im looking in mayfield and lyndhurst for duplexes that I will live in temporarily and save for the next purchase.

A brand new asphalt roof can easily be cheaper than major repairs to a slate roof. 

city would not give occupancy permit, hence they had to bulldoze a brand new home.  

When I replaced mine - I went with exact same brand and tank size but a high efficiency model - measured to make sure same height - Handyman was installing - of course it didn't fit through the door where the old water heater was.High efficiency one had more insulation and about 3 inches wider.  

You need to check all numbers against your own calculator (like you mentioned about J's suggestions: with your own estimate methods, or inspector/trust worthy contractor if you're brand new in this). 

What about E 38th St and N.

This seems amateurish to me and I am brand new.