There was a notice of a termite inspection on the water heater, declaring that no termites were found.

But if they have half of a brain, they know that there are going to be all the costs that I mentioned AND MORE; cost overruns, electric, water, taxes, bad contractors, and a few others I can't think of right now in addition to the simple %s mentionedThis is why you should never deviate from going over the 70% of ARV minus repairs AND you should do your own repair costs.

So working toilet, running water, electricity, windows, door that locks and roof.

I recently acquired a nonperforming note, to which I learned that the water has been shut off for a year and a half.

During an inspection on an egress window, we got accused or altering a wall arch we'd opened up and rebuilt due to water damage and issued a stop work order.

The water line to the fridge leaking would likely be covered. 

Rehab includes a new water heater, rewire house and new breaker box, and cosmetics.

This seems to be a lazy human's way to jump into investing, but I feel it would be a good way to learn some of the processes of investing while avoiding warming waters and time consuming rehab projects.

Now after recent heavy rains I am informed a month later that water came in the back door and has ruined the floor, needs the whole room replaced. 

Their water mitigation included the removal of their side of the drywall between our units and in doing so they say they found mold on the inside of their wall and mine (in the space between our walls).Now, they want me to remove an entire wall and built-ins in my condo at my expense.