I have heard others state as often as quarterly (although I personally think that is excessive, at least for my B+ class properties).

My first tenant is moving out and it is not going smoothly.There seems to be a lot of excessive damage to the house and I want to know what is normally considered excessive damage.Is there a standard listing of typical excessive damages in rental properties?

Right now there is also a built up excess supply in your backyard of condos where the developers of many projects are left holding the tail of those developments.  

You did not give a lot of info on the property but I am guessing that a 4/4/4 is going to be in excess of 3000sf.  

It doesn't seem fair to conclude that office investors naively take higher risk for lower cap rates.If I owned enough multifamily to cover costs of living and was sitting on excess liquidity I could see delving into offices to diversify, but it seems savvy investors may be able to make sound office investments more directly.Related: investors in mobile home parks insist on valuing properties primarily on lots, mostly ignoring park owned homes.

Patrick Cruse granite in a 68k house seems excessive to me, though with scraps might be a nice touch.

Get the money first then go get the great deals..So build a business plan... if its rental props you want... put a plan together present to folks with excess cash and then execute.. before to give the investor the lion's share to get started.. another thing I see common in the industry is those starting out think they do all the work and the money should take far less.. well I personally believe that's backwards thinking.. reward the money and the money will flow..

However I can deduct the money I calculated for property management and any excess cash flow from the property.  

I keep any excess cash-flow and any time prior to the expiration of the lease in 5 years, I have the option to purchase the properties for whatever principle balance is remaining at that time.

Clients I rep that have holding portfolios in excess of 5 mil/25 units are routinely contacted by lenders who have "deals" on rates or who are looking to lend in specific areas.