The notice of sale must include an executed duplicate original of the third-party purchase agreement and make available specific details about the property including the most recent rent roll, list of vacant apartments, income and expense report for the 12 month prior to the notice and any other information the Housing Commissioner may specify by rule.Tenants’ first right to purchase the building before a third-party (‘Right of First Refusal’)Tenants in buildings with five or more dwelling units have a period of 90 days from receipt of ‘notice to sell’ to form a union to exercise their “right of first refusal.”

If you don't have a point of contact at PadSplit, I'd be happy to connect you with one so you can get the ball rolling ASAP. 

Funny how, as the years roll by, there’s been a major shift in my approach.

However it’s hard to get that ball rolling without any deals under my belt even though I do have experience with managing a syndication and property management through my professional career. 

So they are selling and rolling that into several income producing properties.

If I were a tenant I would feel disrespected and insulted if I was law abiding and following the rules and someone rolled up in my home with a weapon.

All that being said, beggars can't be choosers, and when you're going after your first property it's more important to get your foot in the door and learn the business than it is to make a killing on your first unit - i.e. if you have to make a slim margin to get a great case study, that's better than trying to charge 30% for something you've never done before and spending a year trying to convince someone to roll the dice on you.

In my opinion they're really only good for when you're ready to hang up the spurs, and your inheritors don't want the hard assets, so you keep the deferment rolling until you get a stepped up basis at death. 

I just want some general guidance on how to buy a 10 unit with my own money or rolling 3-5 of my SFH over in a 1031.

The owner went on the roof using a ladder and took a couple of wacks at the chimney with a sledgehammer and big chunks of brick, morter and clay flue fell down on the roof and damaged the roofing, and rolled off into the yard where the boys broke it up.The put in wheelbarrow and took it to a pickup truck which squatted heavily when filled with bricks.