Is the 11% equity from the appraisal over the sale price?

This will show you that people have options to go out and pick another house over your place. 

If there is a choice to be made, it comes down to what an investor "likes" or prefers about one over the other? 

Our lease contains a clause stating that any unpaid debts will be turned over to a collection agency and the debt can be placed on their credit report.2.

Class C: These apartments are typically over 30 years old and are in fair to poor condition.

Seems like a very strict penalty if this is not followed through.The CTA provides that willfully reporting or attempting to report false or fraudulent beneficial ownership, or willfully failing to report or make updates to the reported data shall be punished with a civil penalty of up to $500/day while the violation continues (up to $10,000) and a criminal penalty of up to two years in prison. 

I just had a realtor come over who suggested I demo them and put in wall mounted armoires that have external doors that have doors at least 2'4" by 6'8" so that I would meet Oakland's definition for a closet and allow my bedrooms to meet Oakland Code and regain much needed floorspace and get much more efficient closets. 

The regulations provide both insight and ambiguity.25% or more owner of the entity; OROne who exhibits significant control over the entity.

And you are continuing to invest in real estate a 1031 is a good option to explore. 

My buddy sold for ~$500k over its existing use value and no contingencies and did not even convey existing tenant’s deposit.