I usually don't run across rehabs that only take two weeks so this is unusual territory.

The bank will figure out something unusual is going on.

Larger office towers owned by institutional investors are usually a little different than the mom & pop garden-style office buildings, but here are some basics:Negotiate vendor contracts / oversee vendor operations (security, maintenance, janitorial, parking, landscaping, etc)Oversee TA's/TI'sTenant interaction (usually complaints, not usually compliments)Report to ownershipWork with accounting on monthly financials and rent collectionsWork with legal on delinquencies, evictions, disagreements with tenants on lease obligationsLeasing and renewals - sometimes done by a professional leasing agent, sometimes done by the property managerOccasional/unusual stuff like hosting tenant events, putting up holiday decorations, fire drills, construction defect lawsuits, vandalism, homeless people sleeping on the property, etc ...

Is the house pretty much standard/typical or does it have something unusual about it that will make it harder to sell if you ever have to?

Every person is my superior;In that I may learn from him.This one comes from a very unusual place, the "All In The Family" TV series.

Hello all,I have an unusual situation.

. = 120,000 NOI10 cap is 1,200,000 sales price--------------------------------------------------------------------------------Really old building go .65 costs with landlord utilities300,000 x .35 (65% costs) = 105,000 = 1,050,000 at a 10 capNow you have to look at the books and be able to see if costs look high unusual thing snot customary as an expense.

It's not unusual to get bad information out there so make sure that your source of info has a clue.Best,Joe

Maybe that works in your area, but that's highly unusual.

$500 is not unusual Maybe 20% of ours, the other roughly 10%, we pay 10% of purchase price.