This will also mean more expenses (water/sewer, lawn care, etc.)

When the toilet is flushed the master bath is flooded almost reaching the master bed carpet and the said tenant also says that water reaches his side too.

I typically pay ~$1K for hot water heater but one was down and tenants had no hot water so I am paying $1.3K today because tenants need hot water and I could not easily find an alternative (slight high priority so it costs extra).Good luck

List Price: €60,000Offer Price: €60,000Sold Price: €60,000Offer Date: September 27, 2019Closing Date: November 7, 2019Condition: Vacant 5 years, electricity and water on, original state, needs rehabSquare meters: 79sqmYear built: 1954Rooms: 4Bathrooms: 1Elevator: NoParking: StreetYearly Taxes: €242Monthly HOA: €20Home Insurance: €127Closing Costs Breakdown Agent Commission: €3000 (5%)10% ITP Tax: €6500Notaria/Gestoria: €163Total Closings Costs: €9663TOTAL PURCHASE PRICE + CLOSING COSTS: €69,663RehabLabor: €23,000 including windows, doors, flooring and bathroom fixturesEstimated finish date is in July

I guess my strategic plan is to update the units one at a time and hopefully sub-meter the water.

List Price: €60,000Offer Price: €60,000Sold Price: €60,000Offer Date: September 27, 2019Closing Date: November 7, 2019Condition: Vacant 5 years, electricity and water on, original state, needs rehabSquare meters: 79sqmYear built: 1954Rooms: 4Bathrooms: 1Elevator: NoParking: StreetYearly Taxes: €242Monthly HOA: €20Home Insurance: €127Closing Costs Breakdown Agent Commission: €3000 (5%)10% ITP Tax: €6500Notaria/Gestoria: €163Total Closings Costs: €9663TOTAL: €69,663 How did you add value to the deal?

List Price: €60,000Offer Price: €60,000Sold Price: €60,000Offer Date: September 27, 2019Closing Date: November 7, 2019Condition: Vacant 5 years, electricity and water on, original state, needs rehabSquare meters: 79sqmYear built: 1954Rooms: 4Bathrooms: 1Elevator: NoParking: StreetYearly Taxes: €242Monthly HOA: €20Home Insurance: €127Closing Costs Breakdown Agent Commission: €3000 (5%)10% ITP Tax: €6500Notaria/Gestoria: €163Total Closings Costs: €9663TOTAL: €69,663 How did you add value to the deal?

It was a small toe in the water and a great lesson learned.

Hello, My neighbor’s boiler leaked and water has entered my rental property and ruined part of the floors.

But I expect that to change and be more defined.To give you an idea, one of the officials said mowing a lawn is essential to health and safety, but an elective landscaping project, is notSo I would GUESS< feta ING a non functioning furnace or hot water heater, or a roof with holes might be essential, remodeling your bathroom, or a house no one lives in may not be.