A system of either internal audit (frowned upon but legal) or a contract with a qualified third party audit firm to audit the successes and failures of your compliance management system.Achieving this is not difficult nor does it have to be expensive in relation to the size of your operation, but to operate without it opens one up to major fines and prison sentences.

Deposit and non-refundable should never be used in the same sentence.

Originally posted by @Diego Corzo:The Tenant may move at any time during the last one month of the lease duration and shall notify the Landlord of the vacate date and pay a pro-rated rent for the time the Tenant occupies the unit"This is the key sentence.

. :-)Yeah, except I didn't get past your first sentence.

So your letter had just a few sentences?

As you mentioned in your last sentence just submit an offer subject to an inspection of entire complex or even full blown building inspection.I wouldn't be buying anything site unseen especially not a multifamily.10 units you inspect out of 20 could be great but the other 10 could be a complete train wreck haha.Thanks

I don't understand how this fits into the grand scheme of things (and it sounds like a pretty important piece of the puzzle).I also don't understand your last couple of sentences.

In my opinion, historic properties in almost every single deal are HORRIBLE, HORRIBLE investments, with the 2 key words in that sentence being "horrible" and "investments".

1 sentence, 1 paragragh, 1 page, several pages?

Welcome aboard shovel; I was with you all the way through the post, agreeing with the bad FNMA rules, until I read the next to last sentence; And by the way.