If they are both condos, knowing what the monthly fees will be along with the reserves and how well they are run is critical. 

This is a concern given the new law in FL requiring an engineering survey by December 2024 and funding of reserves.

They have received two blight violations for failing to store trash containers properly, resulting in costs of around $400.

With 6 properties I would want a reserve of a minimum of $15K .

I guess my concern is is there any capability for vetting guests on GVR prior to confirming a reservation?

But retail has trimmed physical footprint to defeat that---> yes, lot of store closing, but gov would say it'sretail/walgreens issue or Amazon issueI think people look at the wrong numbers sometimes, but yes in general jobless claims need to and will rise---->yes, more white collar job is affected but since they are rich in cash and rich in equity, that's not translateinto home price reduction so far.More and more evidence is showing that home price appreciation occured because of migration or transfer of wealthrather than the strength of local economy.

They were told that since they will be purchasing a fifth property with a Jumbo loan (with total value of loans in excess of $4 million) they would need 120 months of reserves for all of the loans put together (about $1 million in reserves). 

Equity: 250k2 Family 3/2 Purchased 2023 475k Currently worth 600k 7.25% Interest Cash Flow -1,100 a month ( I live in one of the these)Equity: 98k ( yes i put 20% down)55k in Stocks mostly apple/vti/qqq 5k Cash (reserved for emergency missed rent payments) in a 4.50% savings accountNo credit card debt no car loansI do have 60k in open credit cards 8k available for no interest for 15 months.I have a 50k Heloc on my 2 family unit at 8% interest 10 year interest only 10 year repaymentSo as a investor what would some of you guys suggest as my next investment move?

Regarding payment terms, the seller wants 10% at the reservation of asset (this month), 10% in a couple of month, and the balance at the signing of the deed of sale in December.

Check out dollar store for something like that.