Maybe it’s in Ohio only, idk Anyway, it’s your property and you have to take care of it now and then figure out who is going to pay for the damages, how it happened to prevent such cases in future.Flooding, bursting pipes, sewer back up could happen any time without anyone’s fault.The longer you wait to fix it - the more income you lose.

@Zack Karp Would you still recommend 3% down if you knew It would prevent getting a positive cash flow?

There are often ways to prevent this as opposed to dealing with it.

My plan given this will be a financed deal is that the mortgage will be in my name, and the LLC will cover the rental aspect to prevent personal liability.Looking forward to the adventure!

Exposed wire splices were observed.Whenever an electric wire is cut and reconnected, the splice should beencased in a covered junction, outlet or switch box to prevent shocksand separation of the splice.Basement 36Foundation - CrawlSpace37 There are a few areas where the foundation is caving in and will needrepairs.

:I would buy up many cheap 3/4 bed houses and then owner finance them Off with 30 year mortgages at 9% interest and retire Great idea for states like California where rents can't meet the 1% Rule and housing prices are over inflated but what would you do to prevent them from refinancing and paying you off?

Because there is gas present, current safety practices require a damper clamp that prevents the damper from closing completely, thus allowing any gas to escape instead of flowing into the living space.

What kind of potential issues are there down the road, and how do I prevent any negative result from opening an account with my name and social number?

If the state prevents the agent as operating as a corporation, the agent would then report all income on the Sch c. 

you might want to clarify that somewhere to prevent getting inaccurate survey data.