If you routinely talk to your buyers then you may casually tell them about this property you ran across.

Routine maintenance, capital repairs (roof, etc), insurance are some of the items included.

Bring a few of my mastiff dogs to live with me, you know make it very uncomfortable.

My tenancy was three years there, and I'm pretty sure repainting was routine maintenance and the responsibility of the landlord after that period of time.

They are most likely wanting to sell the home for rent rather then buy more.As to a previous comment, Some landlords get uncomfortable if they think your an investor and your going to try and take advantage of them.

How can we be 'forced' to adhere to a master key system if we are inherently uncomfortable with the building manager who has 24/7 access....

He did the get a job, hard work routine with his kids.

In todays environment and in almost every market nationwide, good rental properties can be purchased at great prices and if the deal is good enough it should be routine for you to borrow the downpayment from your network or have a Hard Money or Private Lender fund the entire deal.Once the building is up and running... then find a bank to do the take out financing.

If any investor can shed light on why a Joint Venture Agreement structured in this fashion makes them uncomfortable or even not the preferred way of doing business I'd love to get some feedback.

I have taken your information into account and will begin my song and dance routine.