If things do go south and get ugly you want someone in your corner that already knows your situation and has gone over your contracts and probably has done business already with other local contractors and county government.Just an example, I'm involved with a legal case now and when my Kitsap lawyer looked through my notes he realized that one of the other contractors I referred to was another one of his clients and this helped get good information a lot more quickly. 

A bad sewer line that requires a street break will easily run over 10,000, including the city bond, for example.

3 parking spots and I think the leases aren't short term so much as towards the end of 1 year for example. 

That would be tough due to his two year requirement in my opinion.For example- if he is willing to stay on for 5 years (or close to this time frame), a few things can happen. 1.

Example:  Your original question on do you make an investment in your area or not?  

You probably went there without cash in hand to purchase ( I hope for this example this is correct!).

Example:  We received actuals on a multifamily w/ owner paid heating.  

I am interested in what would you recommend.Also, could you please give  some examples of the strategies or business models you are referring to on the following statement?

Fannie (agency), for example generally requires $200-300 per unit whereas Banks usually don't.

For example, Philadelphia is big, and the city rules and ordinances apply throughout.