Cycles change.A few old guys still have some stories to tell, but BP's dying a slow death at this point.

Death, divorce, upsizing, downsizing, house changes, etc.  

Back in the day we carried a balance of $100,000+ that was owed to us and that is now down to only $10,000 or so and we only cover out of pocket if it's an emergency.The PM must have sufficient reserves to do the necessary maintenance work and shouldn't be chasing landlords for money.Just my opinion...Also, a PM's number 1 profit center is maintenance up charge.Landlords don't have much insight and PM's nickel and dime to death on those.If you are suspicious, ask for a receipt so they aren't making up non existent maintenance.Let them make their money tho and calculate that into your expense pro-forma.Otherwise, manage yourself and deal with the $#%^@ that comes with it lol.Multifamily in Ohio, you can get for $25,000 - $35,000 a unit.Drop another $5,000 - $10,000 into the turns and rents should be North of $800pm.Decent area's also.Personally, I wouldn't get out of bed unless I'm making the above numbers.Wishing you much success

Serious injury or death has occurred from each of these items, and they could have been prevented by keeping watch and staying on top of things.

It was your first day at the Karate dojo and you entered signed up for the Mui Thai one on one mortal combat fight to the death...   

It's always the new ones that shop you to death and are asking for unrealistic terms. 

I remember in the 80's when my high school Geography teacher would try to scare us to death, saying that the pollution in LA and New York were so bad that people would die.   

Furnishing is death by 1000 cuts; you're putting a lot of money and a fair amount of risk into a property that you don't own to make $300-500/month per door if everything goes right.

I would fight to the death if someone tried to weasel out like this.  

The quick summary is that it a facility that was effectively abandoned 5-7 years ago due to the death of the owner.