Exercise caution when looking at the financial statements and be prepared to challenge and verify every single line item.

Buy at least 2 of every bathroom item you think you need like towels, same with sheets and bed spreads. 

Other than oblivious items like appreciation, medium house price, vacancy rates, expected population growth, etc...What are other things you look for, compare and analyze when looking at new markets and states to invest into??

Then, “Well we need to order the part that’s out of stock”So they wait you out on expensive items that tenants can’t be without.  

Unfortunately, you will have committed mortgage fraud to get it by signing the affidavit mentioning the items above.

BIG tickets items are really important though; foundation cracks, structural issues, bowed walls, or uneven flooring.

I was planning to search scratch and dent at the big box stores and facebook marketplace for gently used stainless.

Items the old owners may not have addressed etc... 

I wanted a sideyard big enough to store a large trailer and was about 14" off and now paying $50/mo for a storage unit.

this is just new to me), so I'm using very basic a very basic formula for each non-static item as "averages".