Then immediately have them fixed (Texas allows 7 days for the owner to fix a Vermin problem), your area may be different.Also let the renters know your time-frame for the fixes (if any) you will do (sealing up cracks, moving garbage cans away from the house, etc..)Expect on ongoing service contract to be offered for this (those chickens are not going away), and decide if it's in your best interest to buy it.If you don't have a fix-it person for this, ask the Tech if he/she knows any good ones--or if you are a Hammer Swinger type of guy--do them yourself.Good Luck!

There are, however, real estate investors in Biggerpockets who are willing to work consistently with a CPA to do their accounting and bookkeeping, while another CPA provides ongoing consulting on tax and investing strategies.

From the numbers I ran, the property could net around 34% CoC ROI

My annual expenses are low, andmy income is fairly high.I plan on going the conventional loanroute.

So, sellers can also be asked to sign notarized affidavits personally guaranteeing the validity of leases and ledgers.So now, let’s get to the clause to include on your purchase agreement to make sure you get all this information in enough time to review it.Seller(s) agrees to provide the following to the buyer within X days of buyer’s satisfactory inspection, but in any case at least X days before closing: All rental leases, rent ledgers, tenant(s) valid phone numbers and email addresses, rental applications & supporting tenant identification, income and asset information, any documents corresponding to any ongoing legal actions pertaining to the property, leases, service contracts, etc., at least three (3) months of the most recent bank statements for any account(s) rental funds were paid into and any company or corporate tax returns for proof of income and expenses.

I ran into the same issue here in Mechanicsburg.   

I'm a very motivated person and iv been watching people on youtube and got some ideas and understanding on some real estate, knowing that there are lots of different ways on going upon real estate that most i really like and want to focus on, but haven't done it yet cause Im not sure what i will get myself into.

I ran the accounting for about 15years using QB with each of the 35 units as a separate class. 

Good Evening @Keith Lanier  I ran a wholesale company for years, then later added Transactional Lending to my business model.If you already have your buyer and you decide or are required to use Transactional Funding, then there shouldn't be any negatives except for the extra costs you would have for the lending. 

Your numbers seem to be right at the 1% rule, which remains difficult to achieve in most markets with an ongoing supply and demand imbalance.