Andrew, Some washers have a mechanical dial and others have a digital touch pad.

If nothing else, this is your safety cushion.Debt service is not an expense!

Is completely up to you and whatever makes it easy and comfortable.I have use both, I like some of the programs since you can store receipt and other things digitally instead of worrying were you put the file.There is a lot of free ones out there you can try and help you find out what you like!

We find that’s the best way to insure safety for everyone.

As a investor who is just starting out I would recommend either pass this opportunity or really lowball the heck out and have 20k-30k of margin of safety. 

The coiled electrics created several fires over the years so the glass top was more of a safety issue.

Most investors like to see minimum 7% Cash on Cash and double digit IRR

You should have a safety net of cash reserves, Dave Ramsey recommends at least $1k emergency fund, then 6 months worth of bills set aside.

I will say, it could be worth considering a shot at an actual software solution built for DIY landlords (1 - 25 units) that helps you to automate your own rental process (ie. compared to other tools, one that helps you to actually build a single listing and syndicates it to 10+ major listing sites, allows you to schedule showings, provides you with super thorough tenant screening options, online digital leases which can be customized and help you by breaking out those fees, automated maintenance tracking, and fast rent collection which also offers your tenants the ability to report their positive on-time payments to the major credit bureaus; just another positive reinforcement/added incentive to get them to make those payments on time).

Truth is they've already done the due diligence and know (with a safety factor) what everything costs.