You can also try Rentrange, but you need to fork out a few bucks to get the big report.

Little trick.....if the water heater is a brand sears sells. call sears, they have a service plan you can buy for $150 bucks a year that covers all repairs and or replacement.  

Especially with that kind of LTV.Now, to be honest, if I was your TIC partner approached with this (or his or her attorney) I would want some compensation for the added risk, so you may have to part with some interest or a few bucks to get cooperation.

Its not that much harder to rent a place in Milwaukee in the winter.  

@Will Eagles - A house that old in Bucks county is also likely on a historical register.

On issues where it is only a couple of hundred bucks difference I wouldstill say I would pay for it as long as I am getting maximal efficiency.

We are based in Phoenix and have property in Milwaukee WI, Lansing MI, and Fort Wayne IN.  

You can sorta pass the buck to the inspector if you feel uncomfortable  because it's a third party professionally doing the inspecting.

If I was you I would continue to save I would get a RE license and then intern with a developer  commercial broker big management company something like that.. learn the industry keep saving.... and or work as an agent part time and learn how to make money in the industry you have a lifetime to invest.. and in most markets If your talking rentals the prices of the homes never move much anyway.. half the people on here just invest for cash flow and acknowledge the homes will never be worth much more than they paid for them.. so no reason to feel a need.. learn the industry first.. and learn were the big bucks are and its not in owning a few rentals I can assure you of that....

I cover Philadelphia and the surrounding counties (Bucks, Delaware, Chester, Montgomery).Best,David B