Those sounds like great rentals and vacancy rates have been decent - our management team only has a handful of vacanies out of the 300+ we oversee, thankful for that.

Quote from @Nathan Gesner: ...and the account is closed. easy come easy go

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.

Seems like easy savings. 

I’d love to hear about the crime rates or any other issues (which we cannot guess from the online stats), and how easy or hard it is to find reliable tenants and property management companies.

I don't know what they are but unless there's something in the city that requires that kind of notice, it sounds excessive to me.

The modeling of this is actually pretty easy (see link: 42-unit proforma sample), but my model treats the pre-refi loan as I/O, but that can be updated based on your deal.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Quote from @Cari Sweet:  This sounds like a case for Fair Housing- Familial Status discrimination. 

Sounds like a cash out refinance would be the best way to tap into that equity.