As a local example, a recent study showing the migration patterns of folks leaving Raleigh, the #6 city most likely to pick up those residents was Rocky Mount NC.

Absent some facts being added to the pattern that suggest this property should not be sold retail, I will defer on a walk-through.

I read apartment vacancy is still doing 92% in bay area, but they have to give concession , like one or two months free. office is pretty much dead.if you notice traffic pattern in bay , monday and friday is empty but traffic jam everywhere on tuesday and thursday.there's no way people would come back to work from mon to friday 9 to 5 again.i don't know about the future, but it's kinda scary, we in US live in borrowing times......

LL pays any repairs to RTUs over $5,000.Tenant credit and experience, number of tenants, demand drivers for submarket, growth patterns in market, tenant sales (if these are more service medical providers like dentist or chiropractor) and this is being used more as a service center than back office work.As for basic numbers, I would not call what you outlined as a terrible deal.

@Jason Strauss in our experience, the Top 3 issues owners have with PMCs:1) Communication expectations not met2) Expenses expectations not met3) Task expectations not metSee a pattern?

I ask again to the AI whether they see pattern:Based on this excel sheet, what is seasonality pattern that you see ?

I've had to pay for some insurance premiums and some late penalties on property taxes but i can say, I've never been successfully sued in 15 years, because our process is well documented and its not a pattern or pervasive or malicious in intent (Some elements needed to sue in my opinion) if we make a mistake and, I've always made the borrower whole.

I wouldn't want someone else to read my post and follow a failing pattern!

Denver has been a very solid market over the last 10 years and looks to continue the trend as migratory patterns continue to head that direction. 

To build on what Scott said, since this has already happened once, if it ever happenes again with this tenant and God forbid she hurts someone, you may be found culpable since you were aware of this "pattern."