Are you trying to minimize your cash out of pocket?

I agree, sounds like everything was done, as minimally as possible - which I don't like to see on a higher class property...but to be expected on discounted or low dollar properties.1.

I learned the hard way: pay minimal taxes or be able to qualify for a home loan, but you cant have both...

Part of this is mansion tax so if looking to minimize, try to make a deal work under $1mm if possible.2.

Below is a breakdown of some costs to repair.Termite Treatment(damage appears minimal but I may never know full extent of the damage): $1100 New Electrical Work (house has aluminum wiring and NOTHING is up to code): $12kHVAC (New, but not functioning or up to code): ????

If you are in an A class area then your cash flow will be minimal.

I have the "big picture", but I have difficulty minimizing it to get to the small details to help get me there.

The home cashflows $450 a month with minimal effort.

It's a relatively minimal expense $400-600 depending on company and size of the home.

Naturally, we must minimize our vacancy and maximize collections in real estate, but vacancy is just a part of the game sometimes.