What kind of investing do you do?

It's kind of a situation of having your cake and eating it too and I wasn't sure whether it was possible or not.You bring a good point that you have to disclose the information if the tenant does ask you about it.What kind of loan did you get?

do you have to pay money for some kind of appraisal service or to have a contractor look it over?

I am probably not going about getting my comps correctly because I don't know what kind of condition they were in when they sold but they are on the same street but after further research the one that sold for $36,000 is actually about 350SF larger.

They don't like them and will leave.2) Put lights up the attic and leave them on, they don't like light.3) The most important is, get some Great Stuff spray foam, they kind that cures hard and fill every opening.

Plus if I represent a seller it is his pocket I'm concerned with not yours, what you want is not the issue and I'm sure at the prices your offering I will have no trouble meeting or beating your offer no matter what kind of saviour you think yourself to be, The truth is your probably making an offer as a buyer you wouldn't accept as a seller.

The complex is almost 40 years old, what kind of deferred maintenance is needed?

It's not a magic formula that works in every situation...in fact, sometimes your expenses are MORE than 50%.Take a couple minutes to list out your expected expenses (and their amounts):- Vacancy (talk to other investors in the immediate area and see what kind of vacancy rates they are seeing)- Rent Loss (how much do you plan to lose due to concessions and non-paying tenants?)

Assuming you are in some kind of STR market, there HAS to be property managers or VR services in the area. 

What kind of overhead expenses should I consider when trying to figure out numbers?