A lot of smaller b2b companies might be losing money with all their staff.

If you have income that qualified and as you said you are paying on time with no lease violations maybe you got caught up in a staff change or  document review. 

We're a small operation, only 17 units, and don't have the staff to deal with it.

I work day to day with a staff accountant, then if I have a question they can't answer, I get an appointment with a Partner.

As my ideas about investing in commercial multifamily continue to mature, I think I going to keep looking locally for my first couple of deals, until I'm looking at a property that I would consider to be standalone (having full time management and staff, if I ever get to that level.)I'm meeting with a local PM company on Friday for lunch, just as a relationship builder and fact-finding opportunity.

After expenses (salaries for staff included) the net income is approximately $15-$20k (before depreciation).

A good ratio is for every 130 units 2 administrators and 2 maintenance staff (even if some are part time)-tech savy and up on industry info.

@Matt Boyle no offense, but if you are an appraiser asking for tips from agents about price discovery that is sorta a red flag for me.You as an appraiser are considered to be an impartial expert on value, and agents like it or not have an inherent bias and are generally not trained, licensed or required to follow USPAP (Uniform Standards of Professional Appraisal Practice)Refer to link below for differences between USPAP and BPO.https://nationwide-appraisal.com/appraisal-avm-bpo...I am curious as to why you are asking for tips from agents doing BPO's vs seeking advice from professional appraisers in the Chicago land area?

There is labor time involved here and requires office staff. $100.00 -Showings- we send a leasing agent to show your properties every time a person calls to schedule.

Read all those documents, then you can call the Planning Staff and schedule a meeting to discuss what you're interested in doing.