Examples are:green water in poolbars on windowsno flooringno heat sourceevidence of leaksmolddry-rot or evidence of termitesfalling down fencesmissing doorsholes in wallswater stains on ceilings (requires roof cert)there's more...These are what a underwriter put as conditions on a conventional 4 unit approval I received today.9.

Tabatha L.Those ratios and indicators - along with others - all provide insight, but you need to understand how they all inter-relate and know that many of them (perhaps all) can give you false security ... especially in isolation.For example, we recently looked at a property whose GRM was just over 6, but the operating expense ratio (operating expenses / gross revenue) was over 70% (the annual heating & hot water bill was ~1/3 of the gross revenue).Cash-on-Cash (CoC) return of 35% is all smiles, but not that common in the real world.

Then Butt crack Bob HVAC company comes along and charges cost + $500 watering the market down.

On the other hand, if the unit isn't occupied and a water leak soaks the inside on the second floor bringing you lower level ceiling down, you'll have expenses.Why would I attempt to compute the cost of a ceiling into my ROI/E for the next 12 months?

Does the landlord pay water?

Secondly, when the gas co came out to turn the gas on to the house (on 10/15), he would not light the pilot to the gas appliances due to the improper ventilation of the water heater.

Water is from a well on this property.

Strange, but actually good news, because if it's under pressure but not leaking, then the leak is somewhere else, possibly the shower arm connection or the spout connections were loose, and water seeped back behind the wall and traveled along pipes.

@Bill Gulley,It is always best to test the water to see if it is warm or hot.

A lot of them still have water as one bill.