Can one buy a property buy pre-renting for blocks of time ahead of the actual purchase?

Cast iron piping is an expensive repair or replacement too.Retrofitting old windows and HVAC are more costly too.I would recommend hiring an experienced property inspector who is familiar with older homes.

I don’t know the rules, but after much consideration we gave our contractor the go-ahead to do it on a remodel of our two story primary residence in Sherman Oaks back in 2004.

Even with $50000 labor  and $50000 in repairs per year.

I tried to overcome that objection by explaining that, unlike a LTR, STR's are professionally cleaned almost weekly and during that time they are inspected for damage and if any, repairs are made immediately.

Just to let you know an additional thing you need to do is to keep some of the material used in case you have a repair later and using the same material assures you on the color whether it is still available or not.You are going to love this next statement. 

I also threw in some repair cost trying to be safe. 

So plan ahead but it can be a good way to get into a deal

I am looking for recommendations on a lawn care company to service the rental properties as well as a handyman to call for repairs/maintenance issues.

I'm not a property inspector; I can't tell if the parking lot has 15 years left in it with minor repairs, or 2.