It had to be drawn up by an engineer and submitted to the municipality and recorded at the courthouse.

I'd say you have no idea of how far you're getting in over your head, our last office-warehouse deal had inspection and engineer reports that were more than 15K.

Electric was updated in the past 10 years with many new amenities and well maintained property.

Disposal of fluids can be done properly, it's when they aren't you can have an issue.Noise is another issue to be covered generally, so revving up an engine constantly (as if they think they know what they are doing as old hot roders did) can be a noise issue.My lease prevented the tenant from keeping any inoperable machinery on premises or parts thereof, which meant all vehicles, lawn mowers or any gadget had to be operable, vehicles had to be titled, licensed and insured.The outside had to be free of clutter, trash, salvage or personal property not designed specifically as lawn furniture or for outdoor cooking and such was to be stored from view from the street when not in use.Those types of covenants will take care of a vehicle on blocks or an engine sitting in the yard.I wouldn't say anything about some minor repair being made to a vehicle, where do you draw the line, changing a windshield wiper or adding fluids or pulling the transmission. so long as it's done in the day and operable, doesn't cause toxics to spill, doesn't produce unwanted annoying noises, isn't a safety issue, is kept clean and neat, what's the issue?

I am a mining engineer with project engineering background for a few different mines around the country, and have found myself a nice corporate desk job with a great company!

It's very generalized and they don't look for code compliance or violations although most inspectors will point out obvious code violations such as missing plumbing cleanout or electrical outlet distance from floor etc...you should rely on an inspection to give you a general idea of the health of the property.

The owners didn't even have the electricity (heat) to two of the units separated, so the owner is actually footing the electric bill (avg. $230 / month).

I came upon bigger pockets through a search engine and really enjoy what the site has to offer.

Basically this is her analysis and I'm wondering what you think...List Price: $250,00025% Down Payment: 62,500Mortgage Amount: $187,500Gross Monthly Rent: $2400Gross Yearly Rent: $28,800ExpensesTaxes: $5058Insurance: $1400Water: $1300Gas and Electric is separateVacancy (5%): $1440Total Expenses: $9198Net operating Income: $19,602Mortgage Amount: $187,500Monthly Payment (4.5 interest rate, 30 year fix): $950.03Yearly Mortgage payment: $11,400.36NOI/ Yearly Mortgage Debt: 1.72Two things I've never heard of NOI/ Yearly Mortgage Debt.

is a higher rent justified if you add solar panels to the property elemanateing the need for a outside electric compay?