National Apartment Association (NAA) - Is it worth it??

[Ken Martin]

Is it worth paying membership fees for NAA or a state-level apartment association? We purchased a 60 unit apartment building in Charlotte, NY, and want to make sure we have a lease template that is thorough and protective for that area. Is it worth paying the membership fee for a NC Apartment Association membership, or is a one-time fee to a local lawyer more cost-effective. I have been told by a number of institutional players that NAA or state-level association is definitely the move, but it sounds like an unnecessary cost to me. Is there any other resource to get NAA quality leases by state? Do they offer other value-add services? Any thoughts would be helpful!!