Those you could see yourself when you looked at the house . put on the 5 year list .The deck , without seeing pictures is hard to tell , could be age , could be poor design , may or may not be expensive All in all that report wouldnt scare me at all ,  Its an older house , it will be constant maintenance .

If you don't look like a long-term investor to the IRS, there is a chance that they could label you a "developer/flipper" and treat your property as inventory rather than as a depreciable capital asset. 

I do another in Thousand Oaks if anyone is interested PM to get on our mailing list.

Able to charge more with a waiting list. 

But it won't be too low forever and it'll be interesting to see how this all develops. 

It works like this: pick one of their turnkey-ish houses from their list, or bring your own, get financed for a 50k house with 10k down, pay interest only @ 10% for two(or3) years with 5% accrued interest tacked on to the balloon payment after 5 years with possible 2 year extension.

House hacking is a really common thing listed here because it works you can buy a 2 to 4 unit will little down.

Appraisal came back low, but we were able to fix with the listing agent.

Send us a link to the listing.

A lot of great investors on here and interested to hear your thoughts specifically as to ADR's and occupancy as well as philosophy on occupancy rate.Can share my listings if needed