Some have electrical contracts that can reach and exceed $100K.

@Giovanni IsaksenWe just acquired a 5 (soon to be 6) unit where there were window air-conditioners hanging from all units - despite the fact rarely gets over 85F here in the summer.Three of these units are 2-story, 2-bedroom ranging from ~1000 - 1200 ft^2, all have electric baseboard heat and all are on their own meters.

I bought a security system from Simplisafe.com, you don't need a telephone line, but do need electricity.

Ask questions, research questions, and don't be embarrassed to bug the mess out of your realtor/loan officer.

They will likely ask for additional information, such as the age and condition of the roof, plumbing, and electrical systems, as well as any previous claims or losses.3.

I'd like to take on only a few new investors at a time to work the bugs out of the transparency process.

Foundation, roof, plumbing, electrical, and the HVAC.

You will find many different answers, but let me give you what i would do about your questions.1) I would hire a licensed person for anything major like plumbing, electrical, hvac etc.

.- newer furnace, older central air, 10 yr old roof, newer plumbing, updated electrical service, vinyl siding, new windows and doors.- needs about $2,000 in small repairs to be ready for tenant.- purchase price $77,400.

For us rental property investors that could include work for plumbing, electrical, carpentry, equipment maintenance, accounting, gardening, property management and similar services.Originally posted by Kyle Meyers:I have a few questions about the exceptions though.1.