Had another offer for work and took it; got to travel throughout the United States and Canada performing photometric inspection of airfield lighting equipment at airports.

I would add, make sure the agent quotes it with "Personal Injury coverage as part of the Liability"Many carriers now have endorsements for Service Line coverage (for damage to water, sewer, electrical lines coming to property) and for Equipment Breakdown coverage.

A laundry premium sounds like it will leave a bad taste.Either way, my tenant laundry equipment has no lights or touch buttons or f ing lid locks. 

Here's a list of what we ask for in our LOIs and contracts:Operating financial statements for the property, including income statements, expense statements, capital expenditures, for the last two years of operation and year-to-date financial statements for 2020.Prior two (2) years tax returns and addendums for the Property.Current tenant leases, tenant correspondence, tenant credit information, tenant security deposit register, and delinquency report.Onsite staff payroll records to include salary, bonuses, payroll taxes, benefits, etc.Monthly owner statements and rent rolls for the past 12 months.Contracts, service agreements, and files pertaining to the property.List of maintenance all maintenance requests (complete and incomplete) for the last two years of operations.Real estate tax billings and assessments and other correspondence pertaining to real estate tax calculations at the property.Copy of Insurance Policy and claims documentation (loss runs).List of capital improvements and any and all necessary related documentation and warranties.All existing warranties and guarantees from architects, contractors, and material and equipment suppliers, all of which would be assigned to Purchase.Any existing environmental Phase I/II reports, engineering reports, soil, mold, radon, asbestos, hazardous substance, termite, or other tests, studies, or reports.Any existing appraisals.Itemized inventory of all personal property.Twelve (12) months of utility, water and sewer bills.Twelve (12) months of bank statements.Verification of additional income from operations including but not limited to application, pet, late, and other fees, etc.Copies of title policies, title reports, land surveys, site plans, deeds, or any architectural plans for the property.History of or pending litigation against the Property, its owners, or its managers related to the Property or the operation thereof.Such additional information, documentation, or access as Purchaser shall require

The “key” elements of the transaction are explored first and usually, the most intensively.The buyer should provide the seller a comprehensive disclosure statement and include a term in the purchase agreement that obligates the seller to return the document within 5 days of acceptance.Professionals are hired to complete Phase 1, 2 & 3 reports that identify potential or existing environmental contamination and all other elements of elements that are difficult for the buyer to effectively evaluate.Financial Checklist3 years profit & loss statementsRent roll with space number, name of resident, move-in date, renter or owner occupied, number of occupants, monthly rent, additional charges, current balance due and any relevant notes about the residentList of capital expenditures for the last 3 years3 years of tax returns12 months of bank statementsCurrent accounts receivable statementList of park owned home including copies of “rent to own” or sales contractsCopy of all current insurance policies, binders and premiumsSpreadsheet detailing who pays all utilities including water, sewer, gas, electric, trash, cable, etc…For all utilities and charge backs, formulas, calculations and meter readings for the past 12 months3 years of utility billsProperty tax bills for the last 2-3 yearsCurrent staffing list including position, wages, job descriptionsCopies of any contracts that will transfer to buyer including laundry, trash, phone, equipment, etc…Dates and amounts of the last 3 rent increasesSigned rules and leases for each residentNames and contact information of professional service providers including lawyers, accountants, engineers, insurance brokers, inspectors, appraisers, realtors/brokers, etc…Physical ChecklistSpreadsheet for utilities that details age, composition, capacity, physical locations, etc…Any drawings or maps of the park and infrastructure including lot sizesSewer plant or septic system repair and maintenance recordsWater well tests and compliance recordsDisclosure from seller of current or recent problems with infrastructure including buildings, water, sewer/septic, gas, electric, etc…Names and contact information of contractors including plumbers, tree surgeons, electricians, gas inspectors, septic companies, roto-rooter services, etc…Locale ChecklistProfile local housing market:“Stick-built” – current foreclosure rate, months of available inventory, median home price, average rent per month, vacancy rateApartments – average rent per month, vacancy rate, prevalence of move-in specials…MHPs Comps – average monthly charges (rent, utilities, etc…), vacancy rate, # of homes for sale, etc…Profile local economy including population, major employers, unemployment rate and trendsCopies of city, county and state permits, licenses or certificates of occupancyCheck zoning for recent or pending changes to target property and adjacent parcelsCheck for known environmental issues with target property, adjacent parcels or in the communityCheck for major development or construction projects in the communityReview existing surveys or environmental reportsConsider geographic factors including elevation, annual snow fall, rain fall, proximity to bodies of water, etc…Disclosure from seller of current or recent lawsuits, regulatory or compliance issues, fines, fees, etc…

The thing I don't like about having tenants perform maintenance is that they typically do not do as good of a job, and they do not take care of the equipment.

This is at a minimum; many transactions will also include one or more of the following: assignment of rents, default judgement, fixtures, furnishings and equipment lien, notification of legal representation, additional security interest document, correction agreement, UCC filing, notice of fees, Usury acknowledgement, extension fee agreement, non homestead affidavit, truth in lending acknowledgment, and probably a few more that I’m unfamiliar with.If you’re asking about interest rate and loan terms, a general guideline is that interest rates can be as low as 6% and as high as state usury laws allow, usually 18-24%.

I would expect if the need exists (and enough requests/complaints are made) the service providers, ATT, T-Mobile, etc... will increase equipment where it's needed (cellular COW's, etc...), until more permanent structures can be built.And with 5G rolling in (with government support), in the next few years (as need increases) it seems like coverage should increase.My understanding of this, is some carriers have stronger signals in some areas than others, and 3 bars on one carrier could mean 1 bar on another.Meaning one resident could have decent coverage and another could have spotty weak coverage depending on who you pay your monthly bill too (and many people are locked into longer term plans with phone financing built in), so a product (service?)

Our internet is 100/10 and we have a Nighthawk X6 router so it's not an equipment issue. 

I think the landlord wants to spot check to see if you are abusing the equipment from time to time.