I have a group of about 8 multifamily investors that email and meet up semi-regularly.

Roger Steciak actually as a semi-rigid asset class real estate does fine in an inflationary environment.

Yes, And I have seen a little a celeb buying spree in Encino/Sherman Oaks or perhaps semi normal....

San Antonio is one of the areas I’m looking at sometime in the semi-near future.

However, on the outside of the house, there were at least a dozen semi circle cracks in the concrete slab, running horizontally, about 2-4 inches long.

If it’s a gut job, then I usually go semi modern with new materials.Keys is to stick to one theme throughout and work within he same color pallet.

Again this is not the end of the world, and you could get a much better deal if he can't show any income.I would personally prefer this purchase over a skilled owner...I will get this property for pennies on the dollar versus the .75 cents on the dollar that I would likely get from a semi-skilled owner.

It's a semi-large bank and working with a local credit union seems more appealing (plus the added benefit of proving him completely wrong). 

Work with your neighbor to come to a joint agreement and ask for like 50% above market value or some other semi reasonable premium.

most tenants will not know what to look for and will only notify you if something is broken. if you want to, try sending a semi annual questionnaire with one simple question: is there anything in your apartment that needs to be fixed or should be looked at ?