We purchased a 4-unit investment property last fall. As part of the inspection, we were told that while there is no visible water damage in the units, the roof probably only has another year or two before it needs to be replaced. Here is some basic info on the roof (all pulled from the inspection report):
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it is a low slope roof
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material is modified bitumen and clay tiles
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connections + penetrations in the roofing surface are sealed w/ sheet metal and mastic
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roof drainage system is comprised of scuppers and downspouts
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tile roof system is in “adequate” condition
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there is surface granulation in several areas of the roof, with the inspection report noting that this indicates a general failure of the roofing material
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the roofing material has ridges, ripples, or bubbles
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There are areas where tar/sealant has been applied as a patch or repair.
My real estate agent recommended a liquid EPDM rubber coating that we can use to essentially re-coat our roof. It sounds great because we would be saving a lot of time and money, but we don’t know enough to know the risks of going this route. I know a few snippets from an inspection report isn’t enough to make a qualified judgment, but I would appreciate any feedback or suggestions from the roofing experts in this group on a) whether liquid EPDM coating is a good product; b) whether it makes sense in our situation; c) what you would do if you were in our position.
Thanks in advance for any thoughts.