Insurance is going to be your main issue, as it is costly and having been on three boards, we were risk averse to changing it or losing it as I recall insurers bringing up details from bbq to pets, etc. and when you have a claim, really it seemed a struggle, and if they can get out of paying they will..even got dropped once...Maybe have the master policy professionally examined to see what is allowed and, worst case, explore if you can get legal help to work out a mechanism to hold the association harmless (be it your own policy, plus umbrella, and maybe indemnify the association for any claim)....some great advice here and some firms may be more willing to write the policy.

I have a prospect investor but I always like to have a Plan B in case things do not work out.

I have a prospect investor but I always like to have a Plan B in case things do not work out.

The tenants would need to work out any deposit reimbursements amongst themselves in my opinion.

I've never run across this situation in this particular area and I'm trying to figure out how the numbers seem to work out well, the rents have remained pretty consistent, yet the price is beyond what it was at the peak in 2007.

Start with those answers, then work out what you want to make in return.

No follow up.Maybe it'll work out or maybe not but I am not holding my breath. 

I need to see which way would work out better to refinance my building.

I had a lead that didn't work out and then another guy lined up, who blew me off completely.

And then of course your debt service if you really want to figure positive monthly cash flow.does it work out on paper?