The unexpected increase in coverage leads to a further increase in premiums which we never asked for.

so really I didn't care what it looked like after I left, because the immediate benefit to my personal finances and wealth happened while I was living there.Two years later we had an opportunity to move to another area of town that came up unexpectedly and at that point I ran the numbers and the rent appreciations made it easy for us to make that move.  

Make sure it's by an electrical  Outlet.( That could  cost a little)The Engineer cost is still  going to more and  his report will suggest all that I stated plus much  much  more Good luck 

I have helped hundreds of Veterans with this strategy.You should have a small reserve set aside for repairs or unexpected expenses, say like $2K-$5K, depending on the property condition.

@Kermaury MusgroveInvesting out of state can have it's challenges and extra costs like travel, bad people, unexpected repairs.

Electrical outlet is only a few feet away.Just to confirm the standard anode is usually 3-5 feet long making it very hard to replace when the HWT is sitting on a 1 foot stool, correct?

**Electrical Safety Hazards: Exposed Wiring and Issues with GFCI Outlets** - Exposed wiring in easily accessible areas and GFCI outlets in the kitchen that wouldn't reset pose significant electrical safety hazards.4.

You also might face unexpected costs like special assessments, and market saturation could impact rental yields/resale values.

A big unexpected $30k issue (I've had several) will take decades to recover from. 

What is my reserves amount that I need in case of unexpected capital expenditures?