Rather than pay $5,000-10,000 to get the pumps replaced again, I will pay a $500 deductible hopefully. 

The kitchen and bath were redone, windows and AC replaced, and paint and carpet were added to this property.

Local economies have been completely wiped out in many areas, and unless some other businesses rise up to replace the income for the area, people will not be able to afford to live, and move. 

Thus prob now a good deal for me, also I am a newbie and don't really know what I am doing.Owner will replace all windows with vinyl and paint exterior and hallways.

I am doing the easy things myself while subbing out the more technical items:electrical main panel and raising the mast to coderoofHVACAnd last but not least we may be ahving to raise the roof of the master bath and replacing the sill plate due to moisture penetration (I will assist in this since I am good following directions...well most of the time really)Drywall cause who really likes that anyways? 

If the roof were to need a replacement and the building didn't have enough reserves to cover immediate repairs, you would need to come up with the assessment fee x 11 units to pay for those unfunded repairs.

I get the ethics involved with the realtor industry.  So, do most investors have more than one realtor or just one?  If one, at what point do you move on from that one?I have one now.  He is not an investment realtor,...

In this case, the first loan was replaced already so again, less than a year difference is not a significant matter.  

Since it's older I want distressed enough to justify replacing all the big stuff so I know it will be fairly maintenance free and it means that my home looks fresh.

The battery back up system has been damaged by water and not replaced.