It's supposedly the best building in the complex, and all-in-all fairly clean, attractive and safe.Situation:There are current tenants, a family who has been there 7 years who do not plan to leave (his elderly mother lives next door).

What also makes me pause is, even though this is a small rural town, there is another seller trying to unload an 11 unit complex, who sounds equally as motivated.

I currently PM a few apartment complexes where I turn about 30-50 units each month and I'm using Microsoft office products.

Make sure you have a complete understanding of the conditions of these units and how much capex will really be required.How does the rent compare to other similar properties in the area, or other alternatives such as nearby apartment complexes?  

Sometimes they also do an initial freebie out of the kindness of their heart.Anyways the answers for legal questions to a highly complex situation with lots of moving parts are not going to be on this board.No legal advice given.     

-the property is in a non warrantable condo complex-loan size of $70K-$75K-property is rented and has good cash flow-I would prefer a fully amortizing loan (no balloon payment); so preferably a 30 yr with 30 yr amortization but would consider a shorter, fully amortizing loan as well-Looking for a LTV of 75-80%The deal size is too small for a lot of lenders (including B2R).

We're looking to buy several 100+ unit complexes in the Greater KC area that will require on site property management.

SEO and marketing is largely different and more complex.

Louis is a great market to get into but be sure to take some time and learn it as it's one of the more complex markets you'll find.

I am looking to do my own 10-20 unit apartment complex and the deals in Washington are not great.