., etc.Other than age-specific issues like LBP and asbestos, the things I'd look for on an old house would be much the same as what I'd look for on a newer house--these things would include: signs of water diversion failures (such as rot, peeling paint, masonry damage), settling/structural issues (one of my few "deal breakers"), the type and age of plumbing, HVAC, and electrical, condition of the roof, the condition of the sewer main (scope it), the type and age of windows & doors, a meth test, a radon test, etc. etc.I have properties from the 1910s, 40s, 50s, 60s, and 2000s, and frankly--the older properties are often my favorites, and some of them are the best-performing properties in my portfolio.Just being an old house doesn't--in and of itself--make a property "good" or "bad".In some scenarios, older houses can have big advantages over newer houses.In my opinion, the idea that “new houses always cost less to maintain than old houses” is one of the biggest misconceptions among inexperienced investors! 

The crowd is already getting thinned out right now....so will be interesting to see who can perform through this part of the cycle.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!

Buy&Hold that is performing well.

Looking to hire a licensed lead abatement contractor who does residential abatement in northeast Ohio.As it's not a single family residence, I am not allowed by state law to perform the abatement myself.  

I own a 2 unit there that is performing very well but then again every property purchased in 2010 has!

My question is, having no way of knowing the quality of screening the current tenants would have actually undergone, can I use the information on file to run a quality background and credit check to perform a "risk assessment"?

Either it performs, or I cancel it. 

@Jerry Kim on top of what everyone else has said, take some time to compare how various CRE asset classes have performed in a down market compared to the S&P 500.

They perform based on the level of stress put on them.If their stress and difficulty level is low, they put little into it.