Handyman was there today doing some other things, he doesn't think it is water from up unit because no visible water stains etc.

You’ve clearly been putting in the time and effort, and sometimes what you really need is just a bit of direction and someone experienced to help filter the noise.With $100K to work with, you’re in a strong position to get into something solid, especially if you’re open to long-term rentals in cash-flowing, landlord-friendly markets.

recently purchased a property in Fort Worth, Texas, and unfortunately, the condition of the property at closing was drastically different from what had been represented.Unbeknownst to us, the property suffered significant water damage due to burst pipes just one day before closing.

My offer was accepted, but then I found out there are two wells on the property because they tend to run dry if no rain for a long time . the owner once went two months without water, but that was the only time in 10 years She went more than a few days.

There was a large amount of concrete poured for those units that was not original to the building; however, in between the concrete slabs were wooden spacers that, over time, absorbed and dispersed water throughout the floor.

We have separated electric and gas, but here the water company/authorities require that you dig up the street and make the connection to the main water line in the street. 

After it's turned into a rental, your standard homeowner's insurance policy often won't cover damage caused by tenants or unexpected negative events (water/fire damage, etc.). 

Quote from @Renee Adams: Hey BP crew,Curious to hear your thoughts — especially from builders, small developers, or homeowners who’ve actually done this.In my market (Atlanta), I’m seeing more owners — and some builders too — testing the waters by listing before they feel 100% “ready.”

You can either go where the investors areORTry to attract them by advertising where they will most likely see your ads.Biggest challenge will be creating a system to to address and filter:1) Prospects that don't have ability to buy now, but want to waste LOTS of your time- Drip campaign2) Prospects that have the ability, but are highly unlikely to buy.

In terms of rents, I would be very careful to screen the amounts your being told the properties rent for, as they tend to be a bit lower then Cleveland, although taxes are also lower, as well as water costs.