I can see how a high application fee can be perceived as a waste of money to applicants if the property manager accepts multiple applications and would simply provide additional income to the property manager or Realtor handling the transaction.In an ideal world, you would want to have all of the information for all applicants immediately and at little or no cost to the applicant in order to have the largest pool of applicants to choose from.To do this, I usually will just check public records and also for proof of income.  

Hot Water Heater drain - yearly

Every ceiling tile and sheatrock has water damage.  

I just found out today that her water bill is at $1,098.66.

Hurry, kids, out of the pool!

The following is a partial list of things that wear out or become outdated over time and eventually need to be replaced for every property:-Roof-Siding-Hot water tank-Furnace-A/C system-Electrical system-Plumbing system (inside)-Sewer service line-Water service line-Any concrete exposed to the elements (sidewalks/porches)-WindowsIf you calculate the cost of replacing each of those items and divide them by the expected useful life, then sum that up, you'll come up with a monthly amount that you can expect to spend on capex over the long term.

My suggestion would be to use Hard Money on these deals, unless you can find private investors to pool together enough money for the entire purchase.

You can draw a shape on the map or set a radius from an address, filter for number of beds/baths, square footage, pool, garage - you name it.

There was no water damage from the outside elements.This is a short sale home, asking 229,000.

I just didn't want to get into any hot water at closing.