The property will be sold in an "AS IS WHERE IS" condition without either express or implied warranty or representation, including but not limited to the description, fitness for a particular purpose or use, structural integrity, physical condition, construction, extent of construction, workmanship, materials, liability, zoning, subdivision, environmental condition, merchantability, compliance with building or housing codes or other laws, ordinances or regulations, or other similar matters, and subject to easements, agreements and restrictions of record which affect the same, if any.

Construction techniques, and materials used often make it difficult to replace plumbing.

Materials and labor cost the same, regardless of how much rent you charge.

Annual numbers:Cash down: just under $52,000 (down payment, CC, materials + labor)Gross rent: $20,535 (5% vacancy which is very high but had to include due to the delay in carpet install.Expenses: $14,817 (Mortgage, taxes, insurance, maint. fees)$476.50/month before reservesMy experience with rentals where I pay a maintenance fee so far (no roof, no hvac): <<$50/year additional expenses, but I will set aside $1200/year for fun.$376.50/month after reservesI couldn't have done it with the generous guidance both on BP as well as the awesome veteran investors especially @Michael Mazzella @Bob Bowling :)Yes I do have a mortgage for this one.

- How are surplus materials handled?

My contractor who installed the driveway had extra material leftover from the main portion of the driveway.  

Sam Freshman's book is good background material.  

does anyone know of places in the Denver Area where I can find discounted materials for General Contractors? 

The contractors you want don't have very professional advertising, but they all have to come to the watering hole in the morning and pick up their materials for the day.

You can make design selections, deliver materials as needed, construction cleaning, complete checklists for subs work, and provide specialized contracting services not to exceed $x dollars.