As an example, from our lease, in the section regarding repairs: "Tenant is responsible for maintaining plumbing, heating, and electrical systems in a proper manner and will be billed for any repairs or service calls necessitated by failure to maintain.

The difference between owning a few doors and big stuff is that while it's understood that there just isn't spread to afford management for a few doors, and it necessitates self-management, big stuff is for us to grow into and out of self-management.  

Let me share a real-life example that could provide some insight.A recent client of ours had one of his ten properties, which we manage, become vacant, necessitating a $30k capital expenditure (cap ex).

Another option is to use hard money loans for additional acquisitions, but that seems like a high cost way of doing things, and would certainly necessitate being very ready with a lender for blanket loans.I've got really good deal flow...for the first time! 

The condition is such that it does not necessitate the need for occupants to have to stay elsewhere.

Smaller lenders who are less sophisticated believe any transfer of a due on sale clause is an issue and that has necessitated additional discussion, but I am as certain as any lawyer can be about my work product and its effects over the years.I have also prepared resources that are on the web including webinars where I walk through the structure in detail with graphics.

The deal above did not necessitate getting a new loan, hard money or otherwise. 

Situations like these arise quite often in condosWater penetration through failing stucco on several units necessitated a larger stucco and facade replacement in my case.

However, they did discover that the wood frame beneath my toilet has become rotten, necessitating its replacement.

When your goals necessitate large short term gains, you have to be willing to (1) work harder and longer on every deal (2) take more risk to invest in higher return investments (3) utilize a greater amount of debt to leverage your gains ( an hopefully not to magnify your loses and (4) spend a significant amount of time gaining knowledge of a specific real property market either geographic, property type, investmet type or all three.