I'm seeking advice on the best way to implement this fairly and effectively.Here are a few options I've considered:Submetering: Installing individual water meters for each unit could be a solution, allowing each tenant to be billed based on their usage.

Hello all,I've reached out to a few folks individually but wanted to start a thread on this as well.

@Jon Rosburg, I'm an agent for the STS, and it's true, we do have a lot of clients assigned to us individually, but not all of them are looking in each market at the same level or with the same focus/intensity. 

You can see regularly companies and some individuals here on BP that like to play games and it happens to them.   

I agree though, an individual condo unit purchase in an old building without the ability to do or understand your due diligence adequately is a massive risk.

And maybe individual lenders use tax returns not because they "need" them, but just to qualify a borrower.So - the only points I am making here are:1.

Thanks for sharing your perspective—it’s definitely insightful, and I understand where you’re coming from.While I get that partnering with one exclusive buyer might limit your potential profit on individual deals, couldn’t there be value in the consistency and reliability of working with a cash buyer who provides specific leads/addresses and is always ready to close on those deals?

The system in my multifamily building is that we have individual fire alarms in bedrooms and kitchens of each unit - those alarms are not wired to the central system.

Each of those things individually can be done at one lender or another, but knowing if it can be done at a single lender is the difference between someone who knows what they are doing vs someone just quoting interest rates. 

@Patrick RobertsDeficiency attachs to the individual - then record it in the county and it attachs to assets.