Seasoning for ownership typically starts on the purchase date.

Thanks- Robert very challenging to wholesale commercial properties as there are a lot less than residential and most are more complex and sellers typically go through brokers and the buyers are more institutional as well.

Remember that if you buy 5+, typically that is going to be commercial lending and that can be tougher to sell on the exit. 

You won't be able to use conventional financing and must use a non-recourse loan which typically require 40% down.

Typically a few types of PMs out thereThe individual agent, little to no staffThe PM company that's a set it and forget it, glorified rent collectorThe PM company that's a true partnerI would on top of the suggestions abovesearch for a PM that owns their own portfolio tooThey treat your asset like they treat their own portfolio- There should be a full staff and readily available to answer the phone1.

Plumbers typically charge $45–$200 per hour.

If we price it for what the comps show, then they are typically coming out of pocket every month. 

That sort of thing is typically negotiable.

Head over to bank rate or and take a look at the mortgage calculators, plug in the numbers and get an idea of what the property needs to generate to satisfy the intended debt.You still have to underwrite the deal for the non-finance expenses as well(typically 40-50% of the gross rents). 

Self managed HOAs are usually undercapitalized so you want to take a thorough review of the condition of the community to make sure there isn’t deferred maintenance because you might get hit with a special assessment if the board isn’t setting aside cash for those capital improvements.At face value, taking into consideration my typical financial objectives, I wouldn’t do this deal unless it was a much lower price.