They'll also probably want to see that you have some good reserves (like $50K) so that if you run into cost overrun or delays, you have cash to work it out.   

I appreciate this thread though I admit a lot of it is over my head. 

Because the rapport I built with the seller and the property is pretty much a dump, seller is ok with whatever happens as long as they will be released from the head ache.

It probably can run about $2500.Did you try using the DOB BIS system yourself?

I am thinking in running a mail campaign to hit some deals off market.

Most of their software seems like it runs on Windows 95.

You are free to run your business however you see fit, as long as you are respectful to your property manager and not bugging them about every little thingYou are the CEO, the pilot of the plane, the head chef, the one in charge.

While my insurance charges are relatively low each year given this is a condo, I learned to better assess who is behind budget planning at the HOA level for all of the units for roof, cleaning costs, basement improvements (shared by all units), given this was run well by one individual.

Run!!

She does not have an on line mangement system though just sends a check each month with a little ledger of expenses.I have a client that runs a larger company and they do a nice job at least on all the deals I have done for them as a capital partner when I do the draws and look at my before and afters they do some really nice work in a timely fashion