Except taking 2 months to get a property in turnkey condition rented?

The property was in excellent condition.

No rentals in my area offer washer dryer hook ups or air conditioning.

.$400I build in Prop Management just to be conservative but I'm going to manage the property until I get to the 5 property mark.Now the bad/unknown.Each unit has an individual furnace but they are all 25 yrs old.The exterior stucco needs patching & painting.The roof is stated to be in good condition, but I think its got to be 15 yrs old.I'm trying to research how this property might appreciate in value over the years. 

It was cashed and we met her the day/night of move in (with our moving pod ready to be unloaded); only to find the home still in poor condition. 

Now these properties are in the condition that you would expect a $9,000 house to be in.

And if you have had it for some time, are you satisfied with its condition and durability?

Massive value add opportunity based on the condition of the property and the rental rates in the market.

Massive value add opportunity based on the condition of the property and the rental rates in the market.

Your should talk to your lender for more info.I assume the property is already in good condition since you're budgeting $114/mo (3% of Monthly Gross Rent).