Hi Kyle,If lack of cash is preventing you from buying your second rental, I'm sure you can find other means to increase your cash reserves.  

It helps them too because it prevents them from falling out of contract for a 3rd time.If they won't go for that, maybe make an offer with 10% of the price in escrow to go towards repairs.  

I would start working with the bank right away to prevent that.

We were very lucky and purchased our condo in 2012 and have seen prices really take off since, which has prevented us from buying another property there so far.  

You may want to add something to your rental agreement to prevent future problems.

The city has done extensive flood prevention work since then.

If her new refrigerator has an water dispenser/ice maker, make sure the water line hookup is secure to prevent water damage.

Pennsylvania state laws prevent me from investing on their site but they recently went public so that will change soon.

It looks doable to me as long as you are in a position where you could weather a few vacancies, don't need income from it yet, and you plan to manage it yourself.With $0 down, it's not likely to prevent you from other deals.

That is the cost you need to protect against, if you need something besides preventing lead exposure in a child.