I used the services of Renters Warehouse to find tenants and now they are telling me I need to conduct a Move in inspection.

But the neighborhood lacked a certain je ne sais quoi - oh wait, I know what it lacked- services and restaurants. 

In my opinion investors need to have a good understanding on maintenance and repair issues, as well as what it takes to handle improvements. 

But when you call tell him you need his services to draw up a contract that's tailored to your needs.

This is just very early planning to see what I might be getting myself into if I were to move forward.Purchase Price: $60,000Renovations: $100,000Down Payment: 3.5%Terms: 30 Yrs @ 4.5%ARV: $229,000Taxes: $3000/yrInsurance: $1000/yrRent: $1000/unit (2 units first year, 3 units going forward)What do you expect that I might spend per month on maintenance, property management, and vacency?

Samuel,In my mind it boils down to the level of service that you expect from whoever you bring in.

Is it worth the maintenance?

All parties were aware of that, meaning they knew I was the buyer and buyer agent who would be paid for my services as the agent.

You're the perfect person to be able to keep ongoing maintenance and cap ex costs to a minimum!

Deferred maintenance will hurt your pockets.