I am a chemical engineer at my 9-5 and a California loan officer as well.

Standard fasteners typically corrode over time, when exposed to the chemicals infused in PT lumber, which can lead to fastener failure.That being said, the basements of old were framed using standard lumber, and typically have held up just fine! 

There will be routine sampling (microbiological and chemical) required and a certified operator must be hired to make daily chlorine checks on the water system.

I have a house on well and septic , the tenant pays for septic tank pumping once a year , and the tenant pays for water softener chemicals ( if not they have iron in their water)

Hello all, Here's a quote I received for some HVAC work that needs to be done on my rental property:Remove and chemically clean evaporator coil - $345.00Seal and clean return box - $145.00Seal supply plenum - $99.0045/5 mfd dual run capacitor - $85.00Would you say this is a fair price for the work needed?

For a first timer, filling section 8 units in Hartford will not be easy and could really get you in a bind if you put the wrong people in there.Not trying to come off harsh, just trying to be honest about what you are going to be dealing with.  

Condos in many markets have been harshly beaten and now the price level can be attractive even for investment consideration.

INCOME2,085.454170 · UTILITY RECOVERY4026 · LBP SPREAD1,860.00Total 4170 · UTILITY RECOVERY1,860.004185 · ASSESSED CHARGES4186 · KEYS, LOCKS, LOCK CHANGES20.004190 · PET DEPOSIT - NON REFUNDABLE200.004192 · OTHER ASSESSMENTS/IMPROVEMENTS140.00Total 4185 · ASSESSED CHARGES360.00Total Income47,814.02Expense6200 · ADMINISTRATION6220 · BANK FEES44.616311 · OFFICE SUPPLIES/COPIES105.786313 · EXPRESS MAIL/STAMPS134.936320 · MANAGEMENT FEES3,196.566334 · EMPLOYEE ACTIVITIES/EVENTS29.776340 · PROFESSIONAL FEES29.176345 · ATTORNEY FEES552.046351 · ACCOUNTING SOFTWARE17.956352 · RADIO USAGE345.196389 · LATE FEES/SERVICE CHARGE5.00Total 6200 · ADMINISTRATION4,461.006205 · MARKETING EXPENSE6211 · NEWSPAPER (TW & HISPANIC)58.66Total 6205 · MARKETING EXPENSE58.666330 · ADMINISTRATIVE6333 · EMPLOYEE INSURANCE225.00Total 6330 · ADMINISTRATIVE225.006400 · UTILITIES6448 · ELECTRICITY- VACANT305.876449 · ELECTRICITY- RESIDENT844.256450 · ELECTRICITY-COMMON887.006454 · GAS-COMMON6,528.876455 · WATER CONSUMPTION1,273.096456 · SEWER1,925.646458 · STORMWATER152.966459 · REFUSE TIP FEE54.406460 · EMSA Fee43.686547 · TRASH PICK UP606.50Total 6400 · UTILITIES12,622.266500 · REPAIRS AND MAINT.045 · PAINTING SUPPLIES/DRYWALL133.326519 · EXTERMINATING SUPPLIES36.006523 · MAKE READY SUPPLIES39.896539 · EMPLOYEE MILEAGE (OFFICE/CREW)347.756544 · MAINT SUPPLIES/REPAIRS517.756551 · EQUIPMENT RENTAL5.006643 · PLUMBING PARTS171.61Total 6500 · REPAIRS AND MAINT.1,251.326538 · MAINENANCE PAYROLL6382 · OVERTIME TO DO134.566543 · REGULAR MAINT.185.126546 · REGULAR MAKE READY632.486548 · REGULAR TO DO4,188.78Total 6538 · MAINENANCE PAYROLL5,140.946700 · SERVICE CONTRACT/CONTRACT LABOR6383 · CARPET CLEANING185.006386 · LAWN CARE/LANDSCAPING1,412.276530 · TENANT ALARM41.176707 · MAKE READY1,515.006717 · CHEMICAL LAWN TREATMENTS220.006721 · EXTERIOR PLUMBING375.006731 · EXTERMINATING180.00Total 6700 · SERVICE CONTRACT/CONTRACT LABOR3,928.447000 · TAXES AND INSURANCE7010 · REAL ESTATE TAXES886.507013 · PERSONAL BUSINESS PROPERTY TAX1,873.007023 · PROPERTY & LIABILITY INSURANCE2,245.08Total 7000 · TAXES AND INSURANCE5,004.58Total Expense32,692.20Net Ordinary Income15,121.82Other Income/ExpenseOther Expense7510 · CAPITAL REPLACEMENT7532 · REFRIGERATORS200.007538 · WASHERS783.187583 · HEATERS215.957585 · HVAC660.04Total 7510 · CAPITAL REPLACEMENT1,859.17Total Other Expense1,859.17Net Other Income-1,859.17Net Income13,262.65

I don't say all of that to get on you or sound harsh, but you could be putting yourself into a dire financial situation moving forward on a property like that, especially when you have CC debt.

If dry cleaning chemicals are on site I would definitely get a Phase I.