It's a little bit tricky.

It costs the same thing to fix a hot water heater or remodel a bathroom on a $200K house as a $100K house.   

Purchase price: $8,450,000 Cash invested: $2,600,000 Built in 1986 and situated on a 1.51-acre site, the boutique apartment community offers a unit mix of 30 two-bedroom/two-bath apartments.

It may seem trivial for $3-4K/yr, but just consider it as a necessary action to be able to sell one day, otherwise you're likely to be in a serious bind later. 

Are there any property managers who may take a property with less revenue? 

We just want to get out of the deal, do we have a way out?

I'm looking to partner with a builder to raise funds for a syndication holding long-term rentals.

It is normally not a good sign if a company has to change their name.

Quote from @Josh Bowser: That's a good little deal scott!

They are a reputable company.