If it is in fabric, and the fabric is not dry rotted, I would leave it alone.

There are no pipes in the area, and the space between the peaked roof and flat roof is completely dry.

Also don't want to leave them high and dry, but just am not sure about the standard operating procedure in this type of event.What role does the mortgage company play in all this?

Overall the industry is contracting and not a lot of corporate hiring is going on due to the refi market drying up as rates go up (& you probably thought higher rates meant more profit, huh?).

If the exterior has wood elements such as siding, stairs, balconies, and railings, these all can be expensive propositions if there has been poor maintenance which has allowed moisture intrusion that resulted in dry rot.

Brandon near Bloomindale at 2545 Lexington Oak Dr. I

In essence, I am looking for a turnkey service (while I own the process), not a turnkey property.We are a high volume buy and hold investor in the Seattle-Tacoma area, but cash flow is drying up here, hence looking for out of state options.

@Pete Perez - I currently get insurance through State Farm, monthly premium works out to about $65 (I'd have to check that again, might be a bit less) for a duplex with two 1bd/1ba 760sqft units, wash/dry included, 1955 brick structure.Let me know if you'd like my agent's contact info, I'm sure she'd be happy to give you ballpark quotes!

Your life changes from evaluating dry rot and roof leaks to one of sending K-1s, distribution checks and quarterly reports.

If the well dries up people look elsewhere for water to drink and survive.In strong suburban to urban core you have many,many employers that make a smaller percentage of the whole market.