You are tagging and categorizing the CapEx items correctly or are they going to "regular" operational expense?

It's worth comparing terms between your current lender and others to see who offers the best deal in terms of rates and fees.Purchasing a Property: Whether you purchase through regular listings, an agent, or an auction depends on your risk tolerance and expertise.

Let's say there's 3 properties in a 1-mile radius with 5b/3b, but one is a foreclosure and the other 2 are regular conventional sales.If you're doing a comp for your subject (4th) property, do you have to take the foreclosure one into consideration?

How do other regular condos perform versus them? 

Look at your competitors then adjust regularly.  

I get rid of bad tenants regularly and have never paid any of them to leave.

@Matt J. and I get together regularly to talk about real estate.

Might be an additional cost there.If units are updated, capex items look good, leases and tenants look solid, and there are no other regular expenses besides the 5200 in insurance/property taxes then I like this deal.  

Chris Clothier provided regular video updates, and the property management team sent frequent emails with property-specific details, tenant situations, and proactive solutions.

Provide copies to all parties involved.This project-specific agreement works well for one-time jobs, but if you plan to work with subcontractors regularly, I highly recommend having an attorney draft a Master Services Agreement (MSA) for your business.