@Michael AblanHey Michael,I’m a commercial insurance broker who specializes in multifamily.

(a) Dollar limitations -(3) Special rules for joint returns -(i) In general.

So regardless of how ridiculous it is in your mind that I believe prices could drop by 40%, please, step off that horse, place your ego on the special shelf for special things, pull out your 'crayola font' for this one and explain as if you were explaining to a '3rd grader'.'

Like: Fully managed by PM or partially managed by PM (like special situations only). 

It takes a very special relationship to work with someone in such a risky industry. 

Some lending institutions have their own special debt service formulas.

Hey Travis,I’ve been working with some incredible teams lately who specialize in providing warm leads.

Is there a way to take possession of the property due to abandonment?

There may be plenty of specific scenarios where rents hiring property managers for rents under $1000 per door works, but as a general guide I think it gets a lot harder to make the numbers work below that because repairs etc. become proportionally larger too.If the rent is so low that PM minimums apply then in general 1) this is exactly the type of unit that requires PM specializing in those units.  

In theory you could also recover 1/6th of the CAM costs, too, but in my very limited experience with mixed use, the first floor commercial could very well push back on that, since they very well may not be utilizing almost any of the common area, depending on building layout.CAM would come from any number of places, commonly:Cleaning and utilities for any common lobby.Window cleaning for the buildingParking lot maintenanceLandscapingCommon HVAC maintenance, i.e. if a single furnace heats multiple spacesUltimately, you will want to be talking with either a commercial leasing agent or an attorney that specializes on commercial leases.One thing to note, while NNN leases are generally great, there is certainly work for you on a semi consistent basis, in creating the monthly escrow amounts and annual reconciliation.