This is 20-unit MF quadplex complex in Triad area (Winston-Salem, Greensboro, High Point).

Typically, banks, funds, and traders will have an expectation or estimate on key economic data releases, often created through sophisticated, complex financial models.

lolThe author is NOT describing that the property manager will be help civilly liable in court for the property's maintenance etc.

You could buy about a $1,200,000 apartment complex here and that would be about 10-15 units. 

You can always take them to small claims court.

You can take them to court and will probably get a judgment, but that doesn't mean you will get any money.

I think you're stuck with the complexity you've built.

Our discussion was only on the NOI of the property, I never got into anything more complex.

Picture below.My big plan is, make driving range, build some retail stores , bar & grill inside, generate more revenue.Build a big golf complex so it can build foot traffics. 

Obviously, I have no intention to start investing in large apartment complexes (Anything larger than 50 units) or incorporate LPs, but curious to hear everyone's opinion on sensitivity tables along with using equity multiple figures.