Looking forward to getting the house bought, worked on and flipped *hot as a pancake"......

They are probably overloading the appliance or putting in dried out caked on food.Unless, you reversed the hot and cold water feeds.if you replaced it with a new dishwasher.

At the beginning of last month a tenant paid a water bill using quickbooks.

The work included replumbing the entire home, new furnace and A/C, new water heater, Lower level gut and refinish, new patio, new garage door and garage repairs, new roof, kitchen gut, bathroom gut, hardwood refinish, new flooring, new doors, new trim, a lot of drywall work and paint.

With higher end properties in say a mid west market were Curt is remember you can buy BRAND new construction for 140 to 160k a door this is what buyers will compare to your 20 YO house thats been a rental.. to get retail value you would need a major renovation.I have been doing some renovation deals in the mid west last 3 years and you have to totally dial them in to get anywhere close to an appraised ARV or what you think is retail.. and I mean totally ... buyers in these markets have an over abundance of choices.. you may find that TINY pocket that is hot but other than that I think my statement is pretty accurate based on my personal experience in the mid west marekt place since 2002.

You pay to live here and you really have to want to live here to make it worth it.If you love Galveston and the water, fishing, being outdoors, then yes, move here, find a duplex that will pay your mortgage and enjoy.  

The home has well water and I hired a well maintenance company, the system has had some issues since they moved in.

After all the expenses are paid including capex, PM, repairs, vacancy, water,taxes  & insurance.

There is a saying that goes along the lines of if the mailman is talking about the market and how good it is to jump in, the market is too hot and you should stay away (sorry if I screwed that up).

Markets are hot, rates are going up, deals are dried up in most major markets.