Their main concern is roof, electrical or water damage on an older home when there was a patch instead of having the entire roofing, electrical or plumbing system replaced.

I would like to inspect the utilities and the electrical before closing on the property but it's all shut off.

Spend that fixing plumbing, electrical, roof, hvac, ceiling issues and appliances.

Good mechanical systems, roof is about 14 years old, but it's a grandma's house. 20 year old bathrooms, even older kitchen, doors and moldings are banged up from electric wheelchair.I own it outright, and have the cash to rehab it.Problem is that I may be going into a much bigger commercial project (2 hours away), so I don't have time for a diy rehab.

It has fuses instead of a modern electrical box. 

The scope of work I included earlier in this thread is pretty general, but here is exactly what the electrician will be doing today.Install outlets for washer and dryer in first floor apartmentInstall circuit for furnace in atticInstall circuits for counter top GFCI and dishwasherDemo electric heat in 2nd floor apartment

One of my colleagues has a rental and their electric co. notifies them if/when service is disconnected.

Purchase Price: $710,000 +/-Units: 12 (All 850 SF 2 bed / 1 Bath units)Current Monthly Rent: $9,300/mo (There seems to be room to push this to at least $9,700)Annual Rent: $111,600 + other income $905Vacancy: 5% (Property is currently 100% occupied with strong occupancy history)Effective Gross Income: $106,925Taxes: $9453Insurance: $6588Management: 5% (will be partially self managed) $5,079Utilities: $6,302 (only common area electric and electric heat, all other separately metered)Septic: $1,000Repairs/Maint.: $16,450Marketing/Promotion: $1,431Trash: $1,961Supplies: $1,579Water Testing: $3,177Misc: $350Total Expenses: $53,370NOI: $53,555Cap Rate: ~ 7.5%Cash on Cash: ~12% (based on 20% down and 30 year am at 5% - still finalizing loan terms so subject to change)DSCR: 1.46x50% Rule ($/unit/mo): $117.171% Rule: 1.31%GRM: 6.36Debt Yield: 9.55% (based on 20% down)Property is in overall good condition but could use some upgrading.

Right now I just have gas, electric, water, tax, insuranceS bills, and about to open all those also at 2nd property cash-closing on later this month.

You couldn't pay me enough to manage someone else's SFRs with old HVAC, plumbing, and electrical!