They're not bad kids, but they are kids. 4) CONSTANT TURNOVER80% of my properties turn over every single year.

My guess is though that as you and I suspect it is the "flovor of the day" as you say and a pretty bad flavor at that. 

I have nothing bad to say about them since I haven't worked directly with them and they must be doing something right if they are one of the biggest ones in the area.

I’m wondering good idea bad idea?

Things have to go really bad from here, as I see it, for the office to underperform alternatives in the next few years, from a cash flow perspective. 

If he knew the property was bad and wanted to get out of it, why would he keep that risk and finance the deal?

I have found this process eliminates all the bad eggs before you even get to the interview.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

If you don't have a good foundation(bad debt paid off, $$ saved up) I would first focus on that.

And there was a hole in the siding on the outside of the house where it was treated from