.- Reduced excessive operating expenses.- Streamlined and property management processes.- RUBS implementation.- Addressed deferred maintenance.- Implemented defined tenant selection criteria.

The taxpayer and EAT may enter into agreements or arrangements relating to the purchase or sale of the property, including puts and calls at fixed or formula prices, effective for a period not in excess of 185 days from the date the property is acquired by the EAT.g.

I had several HVAC companies give me estimates for installing a separate furnace for each unit and the cost would be in excess of 30K. 

Unfortunately most condo's do not allow STRs and the ones that do Fine them excessively.

@Aaron Vargas You simply setup a bank account for each property to track the rents and expenses for the property and distribute the excess when you want. 

Then there is living with the construction project.Questions: are you expecting Property appreciation far in excess of inflation? 

That seems excessive for a cat... but they did break the rules.

@Christian Hansen I would think that the paying of excessive due diligence money (ie, over $500) will change when the market cools down. 

They may have a market or if not, they can approach the excess or specialty market.  2.

The leak occurred during excessive rains.