The exterior was in great shape but we had to do a total redo on the interior of most of the units.

You have to come to the table (a future deal) with funds to get the ball rolling.

I would give it some time for lenders to catch up on this type of property.

Asking in the correct forum will get a better response.Read the RULES!

What now is the second one.

When will the next investor meet up be in town?

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

It is balance sheet heavy but for some reason, most investors in BP are just focused on P&L and they stick with these free accounting platform that doesn't even utilize the Balance Sheet.A lot of the time when I clean up client's books, it's mainly in the balance sheet that needs to be fixed up.

If you want to offer a "rebate" of some kind after they stay up to date for certain amount of time, I'm more inclined to go that way, but in general theres no real good reason to put yourself as the owner in the middle of the utilities unless they aren't metered in a way to bill directly.  

I live in DFW now but grew up in Abilene and do a lot of business there.