A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Both situations work nicely.

I think keeping it simple but nice is best.

I’ve written a letter to the Police Chief Amd the mayor quoting the detective who said, “Well, we gave it the college try” after I told him that the tenant blocked me from contacting him. 

It is a nice safe long-term spot if you're approaching it with a more long-term traditional real estate mindset.  

But now with the joy and headaches of non-metered units, trying to wrangle 3 different set's of persons into playing nice, etc etc.. 

I will not know that until I climb under the house and into the attic etc... for inspectionThe area is close to things and is not in a indicated crime location and has a very nice open lot area on the corner with it but again assuming the tenants stay and lease I am looking at that as a smaller issue..Thanks for bringing up the concerns but I have tried to do my due diligence but do not really know is the analyzing aspect has missed something major.

There are several 4 plex properties under 1m and a nice 3 plex, fully renovated for 900k.

You cannot have a contract that simply states "install high-quality countertops" without specifying the quantity, location, type, or style.

Send written letters, nice stationary, handwritten envelope, explaining why you selected his property and what your vision is for it.