And she still brought someone else that I had to put outside while she was arguing with me that the laws support having a witness.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

out of curiousity, what brought you to invest with them?

Most of the time when the topic of submetering heat is brought up the consensus is to install one heating system per unit.

Will be far easier to purchase more property with 10% downpayments vs 20-25% for each one.Umbrella insurance isn't too expensive, $2M for $1200 per year.Just be sure to run the properties as a good business, address any concerns brought up by the insurance company (they usually do annual inspections). 

Since then, property has been brought to market rent and vacancy was held under 4% in the last year.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

IF you were to renovate a non-conforming unit, that unit would now need to be brought up to code.When or if you rent out the unit, you, of course, run the risk of the tenant calling the city and saying the property isn't up to code, which would, in turn, cause an inspection by the city and likely result in some violations that would require you to bring the unit up to code.These types of units are ALL OVER the city of Chicago and be rented out on a daily basis, but there is still clear risk associated with renting them out.

I only brought 3.5% down to closing and the seller paid 3% CCA which I used to buy down my rate to 4.8%.   

And I do not know if he currently has a property manager, but it will definitely be something that gets brought up.