Granted, this is as much business as real estate, which is why at my advanced age and reduced energy level I’m not interested in doing it myself, but they showed me their financial statements for the operation and I was impressed.   

I'm a property insurance adjuster by trade with a background in construction (mostly framing, but have experience with flooring, windows, drywall, trim, tile, electrical, plumbing, etc.).My father, who has been in the construction industry for 40 years and owns his own company, and I recently completed and sold our first flip. 

No accountability to the tenant to conserve energy or water.

During this time, inspect any agreed repairs, inspect all appliances, check whether all doors and windows are secured, working properly, or to your satisfaction, belongings of the seller are completely removed, check for signs of mold, check electricity and outlets, and inspect the exterior & backyard.

He looked at major systems and mechanicals - roof, foundation, AC, furnace, electrical, etc. 

@David Yu We completed a full renovation on a SFH this month and had major electrical issues (no grounds, loose boxes, unlabeled panel, two prongs, etc.).

The walls look a mess, there appears to be little to no electrical outlets, and some rooms have exposed wiring/conduit at the wall/ceiling?

Snow = $600/yr, Heat = $4,929/yr, Electric = $3,343/yr, Trash = $652/yr, Water/Sewer (not listed) = approx. $1500/yr. 

  $190K Spend to Date + $50K Estimated Structural, electrical, plumbing, finishes, permits etc$240K Estimated cost all in I did the calculations and if we get decent rent for the back house we should be able to make 7.6% ish CoC return.

. =2700.00 monthly grossincludes water and electricity average of expense 30.00 month per spot. =180.00property tax is 400.00 per year.