Auckland, cool deal!

Tile buckling, counter tops with gaps, buckets full of water from unknown leaks, home made plumbing, etc.

Apparently, the lien is a tax/water/sewer lien, and according to the owner, there are no other lien's on the property, but would it be prudent to get a title search on the home?

Had I evict a tenant and the furnace and hot water heater was stolen the next day.

Excellent books for someone just starting out A book is a good place to start, but without the hands on knowledge you are already dead in the water.  

I recently had water damage due to an old dishwasher.

@Axel RagnarssonVery cool! 

I'm seeing -700+/month for this place:Mortgage Rate 3.00%Length of Mortgage in years 30Monthly Mortgage payment $2,381.80 Taxes $425.00 Sewer and Water $100.00 (assumption.  

With an open roof you probably have all sorts of water damage and mold...

I am currently renting a place for $1,000, and I would like to "house-hack" and live in the 1BR unit (all numbers assume I am collecting rent from all three units though):Offer Price: $365,0003% Seller Assist: $6,400Total Income: $3,200Unit 1 Rent (2 BR, 1 BA): $1,250Unit 2 Rent (2 BR, 1 BA): $1,150Unit 3 Rent: (1 BR, 1 BA): $1,100Total Monthly Rent (before vacancy): $3,500Total Monthly Rent (assuming 1/12 months is vacant): $3,200Total Mortgage: $1,940Monthly Mortgage: $1,700MIP: $240Total Expenses: $1,065Maintenance/Repairs: $280/month (~8% of total monthly rent)Property Taxes: $240/monthInsurance: $170/monthCapEx: $175/month (~5% of total monthly rent)Water: $150/month (not metered)Miscellaneous: $50/monthFYI - did not budget for property management, because I intend on living here long-term and self-managing$3,200 - $1,940 = $1,260$1,260 - $1,065 = $195 cashflow/month