I work in commercial construction and have a bachelors in mechanical engineering and my wife is a financial analyst and going for masters.

2) How does this mechanically work to have so many separate accounts.

In terms of rehabbing the property, the workflow can range from throwing a coat of paint on a wall or two, to an entire gut of the mechanicals, windows, siding, and flooring.

Had the inspection today and other than some electrical seems like most appliances and mechanicals are operating fine, but are about 16 years old, is it worth investing in a home owners warranty?

Just make sure if you have a property manager in place that they're willing to work with the home warranty company, as it does usually add an extra step in the repair process.I'd also look at the lifespan of your major mechanicals and judge the need for the policy based on them.

If you need to upgrade the mechanicals ( electric panel and/or wiring, HVAC, rough plumbing, etc)- I would hire the specialists to do their trade, then a drywall company to close up the walls.

Are there mechanical issues coming up you don't want to deal with?

I am a real estate investor doing a creative financing deal on a 60 unit apartment building in Michigan. I know that you need a contractors license to file a lien on a residential property but do I need one for a comm...

However, my question is the mechanics of the deal.

Pro-tip: Moving forward keep your eye on: Low inventory/ high demand, how people’s attitudes and financial coping mechanisms change regarding the pandemic, and distress sales.