There're exclusive/ non exclusive, different type identify different level of responsibilities.  

Not only face value but what MAKES it a deal which is something I think is a BIG evolutionary level up.

Purchase price: $520,000 Cash invested: $30,000 Town home in Valencia, CA. 2200 SQft, 3 Levels. 3 Bed/3Bath.

@Matthew Swearingen there are lots of midwestern cities where you will see returns at that level.

You can either find something that you could BRRRR (buy rehab rent out) that will then cash flow, or find something that is stabilized and barely cashflows (if at all) and just bank on staying level and making money off the appreciation or selling in a few years. 

Then when the water from the top unit started flowing into the bottom unit, I was notified by the tenant in the mid level unit that there is a leak in the ceiling.

Then when the water from the top unit started flowing into the bottom unit, I was notified by the tenant in the mid level unit that there is a leak in the ceiling.

I recommend a Post Compliance Lead Determination (PCAD) every 5 years or so.Here's the law (emphasis added by me):460.100: Duty of Owner(s) of Residential Premises (B) Whenever any residential premises containing dangerous levels of lead in paint, plaster or other accessible structural material undergoes a change of ownership and as a result a child younger than six years old will become or will continue to be a resident therein, the new owner shall have 90 days after becoming the owner to obtain a Letter of Full Compliance or a Letter of Interim Control, except that if a child younger than six years old who is lead poisoned resides therein, the owner shall not be eligible for interim control, unless the Director grants a waiver pursuant to 105 CMR 460.100(A)(3).

Staying in the High level data zone will not help you take action.  

They should have leveled the subfloor before installing the laminate.