It's my experience if a tenant howls loud and long enough and they were reasonable good tenants, we would let items go that might be difficult to prove like switch plate, light bulbs, burner pans (surprised they're charging for that as they almost always have burn marks).One thing that stands out is they did not make the proper effort to repair the roof. 

@John Boby, As long as that LLC is a disregarded entity (meaning all activity is reported on your personal Schedule C and E) yes you can close that way.  

I currently own my home as well as 2 investment properties, and am very interested in buying and holding residential R/E and growing a portfolio that will hopefully provide substantial income to live comfortably off of one day.  

The document can be found under "Tools" - "File Place" and a screenshot is below for ease of navigating to the proper document.

And/or you do the unthinkable and READ THE APPRAISAL report (if it's not to your liking, invoke the appraisal contingency and back out of the deal).Expenses: No one's going to be honest about this, you could theoretically ask for schedule E of seller's tax returns.

Hi Jason,I have always liked things very simplified so I have always tried to automate decisions wherever possible from buying to rehab to renting.I read E-Myth Revisited and it helped me start thinking in terms of systems.I don't have profit sharing with my project manager.

If its thru a realitor you have to go thru proper channels. make an offer that allows both inspection and financial outs. try to get them as long as possible- say 30-60 days minimum.Once you control the deal- you can do your due diligence to see if it really is a good deal.

If it is hung properly, it will last just as long as anything...metal has to be externally insulated too. 

IF you fall and hit your head hard enough on it,,,it well might be termed 'HARD' .It might be termed hard if you drop a glass jar of sticky pickle juice, shattering your 'day' and making clean up the order of the day!!!

Along with that, you have liability issues that you can be exposed to if you don't properly hire, document, and pay contractors.