Quote from @Chris Seveney: @James WiseI wonder if there is a statute of limitations component to this if litigation is on going I dont think there is any worry with statute of limitations

Then of course, you are also hoping for appreciation.While it is attractive to not have to worry about cap-ex for a few years, many maintenance issues are usualy tenant-caused, so there may still be ongoing issues & expenses needing attention.Another option may be to buy an existing cheaper property, that's still in overall good shape.

Is ongoing management charges separated out from pre-ownership services - finding, renovating and furnishing? 

Tosta’s settlement is subject to court approval.The SEC's investigation, which is ongoing, was conducted by Kendrack Lewis and Melvin Warren of the SEC's Fort Worth Regional Office, under the supervision of Sarah S.

BP also uses volunteer moderators (people with Hollywood good looks and keen intellect, such as myself) with little training or monitoring.

The problem is that most wholesalers or off-market acquisition folks are being "trained" to follow a script, not solve a problem.

It might be a good training exercise at least running the numbers on some of the properties on the list. 

Try to work or internship under a local property management company to get some training and learn the ins and outs of it.

I’m considering formal training or certification programs to sharpen my skills and possibly expand into managing additional properties.For those of you with more experience, which property management organizations or certifications would you recommend?

The units look nice, the apartments are spacious and located in a nice town, close to the NYC train (50 mins from NYC).