Hey there,I am taking my real estate brokers exam tomorrow and I was looking for any advice about my situation as I find a sponsoring broker. I will be looking for a sponsoring broker soon but I would like one that fo...

Numbers are always based on individual investor goals, but this could be a base hit for investors looking to hold for appreciation while making a little cash flow.Are all the mechanics brand new (roof, plumbing, electric)?

Most mechanical meters should be an easy change out or repair. 

In these older midwestern markets, brick work could need to be redone, major mechanicals need to be replaced, so getting an understanding of what still needs to be done is crucial.

Involves electrical, HVAC, plumbing, or mechanical repairs not expressly authorized.d.

@Adam Copley "leave out expensive projects like a roof, windows, or major mechanicals that still have useful life (for a rental)" Better wording is stay flexible on these big ticket items if you pivot to a rental.

You’ll pick this up fastest by breaking it into two parts: learning the business fundamentals and learning the financing mechanics.

Planning to use the property as Long Term RentalsWhat are the PROs and CONs of using electronic locks vs reliable mechanical locks?

I have experience in this type of home – my first house was a 1924 colonial which I took down to the studs, repaired major structural issues, and replaced all the mechanicals while putting it back together.

Assuming the floor is reasonably true thicker is better as it will have less deflection, and deflection is what's going to wear out/break your locking mechanism. 1/2" thick LVP is a pretty good thickness as most brands are about 6-8 millimeters thick (about 1/4").