I know this was a stretch on the topic of this specific thread, but since I caught both of you at the same time.I am close to picking up a 4plex, all four are Sec 8 tenants.

You need advice concerning FM and how they normally act.Yes, you are frustrated and some of my ideas are a stretch.

A stretch, maybe, but remember people have tried suing McDonald's for making them fat.  

As an anecdotal example, there is one 2 block stretch in North Park with no development in the last 30 years that I know has at least 120 new units coming in the next 24 months, across 3 projects, only because the TPA now makes it viable (I know because one of them is my project). 

Or, maybe we are at 11, but the green is going to stretch past 13...This has never happened, but I agree with @Brian Burke - it seems to me that the forward-looking picture is what's really important.

I am always trying to stretch my dollars, but could see with a 1035 exchange where this may make sense. 

If the property is sitting and the seller is motivated, you can probably get it for under list price...but 70-75% might be a stretch. 

Sorry that's a stretch, but it'll all be over soon I'd say and a good learning experience. 

Your stretching yourself thin.Focus on one bucket.While you build funds you can reinvest in business, put in dividend stocks, etc until you can fund your other businesses without hurting the one you made before.

The majority of tenants I've had over the years would not be considered conservationists by any stretch of the imagination, so if we had a high water bill, it fell on me to find the problem...or pay a plumber $125/hr to find it for me.I never will forget the time I opened an $11k water bill for a 70 unit property.