I'm in a Landlord-friendly state, most tenants respect me, and I document everything to the Nth degree so I'm not afraid to end up in court.

@Steve Cohen  I respectfully disagree. 

We're working on scheduling a showing in the coming days and will definitely get answers/numbers to those fees.We've re-run the report with bumping up the CapEx/Repair percentages to 7% respectively, as well as with the property fully rented out, including 8% allocated for property management. 

Bruce Norris who is a pretty respected investor HML  market forecaster from Socal did the Keynote speach last year at the J martin event in Oakland ..

Google each of their respective websites and follow up with them.

They are just doing their job responding to the complaints, so treat them with respect.

When investing with a partner other than my wife, it must be in an LLC and the loan would also be to the LLC, and then my business partner and I would split ownership of that LLC based upon our respective input and responsibilities (which may or may not be 50/50).I'm not comfortable owning any investment property in my personal name (although I do have a few), but I certainly would not do so with a business partner...

Without that, there is no legally binding, enforceable contract.Assuming you do have a written contract, it should say in the contract how long you have for inspections and what rights you have with respect to entering/inspecting the property. 

There's a couple condo communities that are closer to C/D inside their respective community walls, but the general area is quite nice and safe..  

In this scenario I suggest that the percentage of rent lies between 14% to34% non-respectively.