I'm ashamed to ask this but how guarded are you with lock box combinations.

This combined with a pathetic public transportation system is a really bad thing.Water.

Stove doesn't look great, so even if it's functional we'll probably replace it.Washer and dryer were left behind - not sure if they are in working order, but considering the house has only been vacant a short period of time, I'm hoping they are.Almost full 5-gallon bucket of exterior paint from when the house was painted in 2010 was left behind.  

@Tiffany Plovie just contacted me and suggested that we combine forces (Tacoma local with South Puget Sound) for a September meet-up. 

•During due-diligence, get combined rehab lists from the property inspector and property manager and have a contractor estimate the actual rehab cost.

Not sure if you mean you walk away with $15000-17000 which is how I'd read "being up $5000-7000" when combined with your $10,000 down payment, or if you mean you'd walk away with $5-7K.

Some books concentrate on plant combinations, which as our gardens have become more elaborate becomes more important.

The combined tax assessed value is $310K.

I certainly like to ensure that my properties are completely move in ready -- all appliances including washer/dryer, mini-blinds, etc -- as these things are functional differences between my house and others.

You would Not want to combine them into one, as they are worth more as individual properties.