One it sounded like he didn't make other people aware of the presence asbestos and two it sounded like he wasn't using a licensed company and you need to be (or strongly STRONGLY recommended) be trained to do so. 

I am mostly involved with wholesaling and I am looking to network with some local investors to help me get my business off the ground in this unfamiliar territory.

Monthly Debt Service: $1500Current Monthly Rental Income: $4,700Market Monthly Rental Income: $5,325I normally work with landlords who have free and clear properties so this is new territory. 

Currently, we use a property manager (and subsequently their merchant bank account) to manage our finances, which gets deposited into our Bank of America account.I'm thinking of setting up a local business checking account, but of course, the major banks that we have out here in California (namely BofA, Chase, etc) have no presence in Pittsburgh.Does anyone have any good recommendations for a local Pittsburgh business checking account?  

We've started to evaluate lots for home construction as well, but this is new territory for us.

Purchasing a property with an existing tenant is new territory for me.

We believe that we can add value instantly by increasing the online presence of the property.Even at the high vacancy rate, creative financing on down payment, and with accounting for property management and cleaning costs (which we plan to pay ourselves to do, but may want to outsource later if able), the cabins at their current rent price will cashflow, according to the actual NOI formula above, so we are feeling pretty confident in the purchase even if the value add play doesn't work out.

I am compiling a list to see who I want to work with.DETAILS:I'm looking in the territory from: NORTH to Vernon Hills/ Mundelein, WEST to Crystal Lake, SOUTH to Bloomingdale/Naperville, EAST to DesPlain.CRITERIA: Single family home, condo, duplex (exception), townhomeMin Purchase: 80k Max Purchase, 250KMax Repair: 40KMin Profit: 20KThanks to all!

He was an officer, and our intent was to not let him drift into dirtbag territory so we used a Letter of Counseling to start this process and hopefully end it at the same time.  

@Youssef Labib I'd recommend expanding your territory and start looking at tertiary markets in the path of progress.