Other fees turning water on/appraisals etc$1000$51000 opening cost.

Here are my numbers I tried to link to my direct excel sheet last post but it wasn't working so I'm just going to copy and paste.Property Type: Single Family 4 bed 3 Bathroom     Mortgage Calculation Property Price $ 180,000.00     Loan Amount $ 173,700.00 Down Payment of 3.5% $ 6,300.00     Interest Rate5%Loan $ 173,700.00     Loan Length (years)30Rental Income $ 1,500.00 Cash Flow   Payments per year12  Out of pocket $ 1,172.46   Total number of payments360  Tenants Rent $ 1,500.00   payment per period$932.46 Monthly Expenses Cash On Cash Return   Monthy Payment with Tax$1,497.46 Taxes $ 450.00 Down Payment $ 6,300.00   sum of payments$335,685.30 Insurance $ 115.00 Closing Cost $ 3,000.00   Interest Cost$161,985.30 Electric $ 100.00 Rehab Budget $ 7,000.00     Water $ 70.00 Total Investment $ 16,300.00     Gas $ 50.00       HOA $ -       Lawn $ 25.00       Vacancy $ 100.00       Repairs $ 50.00       Mortgage Insurance $ 115.00       Capx $ 100.00       Mortgage $ 1,497.46       Total Monthly Expenses $ 2,672.46       

So if anyone has a recommendation on a bank they use or one that may fit some/most of those standards, please let me know.

The only way to know if pipes are leaking is to run water through them.I'd appreciate if you could share your thoughts!

A standard inspection should cost around $500-600, investor reports should be around half that cost.Make sure you only do inspections on something you’re serious about buying otherwise costs add up real quick.

Which  means the valuation has be based on standards of appraisers.

Inexpensive by Bay Area standards but one could certainly buy 2 homes in another state. 

@Ryan Pilioglas here it will probably take thousands of dollars of marketing and finding the buyers with the lowest standards who still buy things off MLS as well as off market and a ton of time.

Could be a bit less or more too; just depends on local standards and practices.

The trees outside aren't old enough to present a serious hazard to the sewer lines and the properties were all fitted with copper water lines to start with.