a lot of new investors, though, hit a big capex expense in year 1 or 2 or 3 - roof, HVAC, an expensive tenant turnover - and are just blown away that all their "cash flow" is gone.hope this gives you some things to think about - happy to answer any other questions you have.

Insurance is through the roof over the past couple of years.

The roof is from 2008, and I assume the bank is carrying insurance on the property.

https://www.zillow.com/homedetails/114-S-Broadway-St-Toledo-... seller has 'described' it as follows:"The property features a new roof and updated electrical work completed two years ago at a cost of $120,000.

Feel to reach out if you need any contracting or roofing help!

Also, the roof is a barn-style roof, so it starts to slope at about 4ft high.Is there anything I should add or change to suit MTR (and STR in the gaps of no MTR guests)?

You probably don't know about septic systems, foundations, how to look for termite damage, how to know if you need a new roof, how much life is left in the AC, or what it costs (from a contractor) to fix much of anything.  

You'll have a roof over your head, some equity, and options for the future.

Roof, windows, HVAC, kitchen, bathrooms, etc.

Insurance costs are through the roof.