I believe IREM sells a book that breaks down typical expenses for multi units based on size and geographic area.

Marie Poe - on the disposition of the unit: I'm looking to exit the geographical market where the unit is (will take 5-15 years to liquidate them all), so I'm looking at rebuilding the least.

You can also get a legal description usually abbriveated but you might search that in the Recorder's Office to the last transaction on that property.

I want to be an active contributor to the communities where I invest but setting up a nonprofit would remove some degree of geographic flexibility for me.

I'd suggest when yoy talk to your attorney about forming the LLC that you include, specifically all kinds of activities in your Operating Agreement and Certificate of Incorporation and not rely on that catch all description of doing all things.

Never heard of the site, but a couple options are:- call in 1+ general contractors to get bids- bring in a detailed description of the work and head to your local hardware stores.

It's inexpensive (often free) and allows you to be very descriptive about your property including pictures.

An investor friend of mine did a geographical farm of 30k homes and finally decided it wasn't worth it.

Halifax incomes haven't kept pace with home prices.While these are all based on single family homes, it can't be much different for small apartment buildings based on your description, Nick.So if it were me, I'd sell.

Look up the recording in Book 833 and get the legal description of the secured property from that you can get an address through the Assessors office.Or, you could call the Trustee and ask.You might be able to do a name search for the owner as well and gey the address.The filing will show the initial lender as the note could have been sold.