We have timeframes we need to meet here.

How much of a monthly income do you envision or desire to obtain from your proposed Multi-unit- property and in within what time frame?

@David White, there are inexpensive courses online that can instruct you on how to build a buyers list... just do a google search.

Two local vendors below also might be able to get you square away inexpensively but I haven't used them so they are for you to research. call them up and ask for quotes on your desired appliances type and size and colors for scratch and dent.

To address the type of flooring material, first off, if you want a "luxury impression," stay away from the laminate fake wood.I would consult a local expert, but that said, I understand engineered products--with a substantial veneer thickness that's able to be sanded and refinished--are both functional and comparatively inexpensive to install over a grade-level slab.In terms of color, this is always subjective (and depends on what's going on with the kitchen finishes), but I would recommend a mid-tone finish for a flip.

I rarely heard about multifamily buildings where occupancy fell 40% in short time frames.

Since the clause states "reasonable" and not a specific timeframe he seems to think it is up for negotiation and is what HE deems reasonable.

I'm assuming "a couple hundred per month" in expenses for NNN, but I'm just at the start of really doing any DD and this is the first commercial property I'm digging into.

Sure prices go up and down over time, but not to the levels we saw in the short time frame we saw.Peter Lynch once said that more money has been lost by people trying to anticipate market corrections than has actually been lost in market corrections.

So Imo, that sounds like an inexpensive  fun night.