I assume you are based on your price, but if that's just chemicals you are getting hosed.

Also, not trying to be too harsh but you might want to pay close attention to this leasing agent, if she's letting a tenant store food in the freezer lord knows what else she let's slide...

This sounds harsh, If I had a term for this type of rental property ownership and  management it would be: not worth mentioning.. 

@Federico MartinezI hope this does not come across as harsh, but if you do not have $5K or more of capital on-hand, then you probably are not ready to be buying rental property.  

And the way your tastes run, I don't have confidence that you'll make the right INVESTMENT buying decisions - with all that lovely cash just waiting to be spent - and, a "we deserve to indulge in a luxury lifestyle" philosophy wooing you all the time.Am I being harsh?

We are constrained on the west by ocean, South by mexico, North by Camp Pendleton/OC, and East by quickly harsh environment.

Don't mean to sound too harsh but picking your own tenant that you know will qualify when properly screening will help you sleep at night when the first of the month rolls around. 

And also why so harsh?  

BUT the harsh realities of BK RE in particular and NYC RE in general are well documented - mega expensive with depressing cap rates. 

I've learned not to blindly trust anything or anyone with this property, but don't want to be too harsh and cut myself off where it hurts.