She owns a hair salon business (2 yrs old). 

If we can not fund, it will because mismatch of APV to PP and Rent, not because of how you combed your hair today.Talk soon.

You will find yourself pulling hair out in no time.

EVERY sub to that closes has hair, issues, problems, and all are different. 

Thus, the owner owes an affirmative duty to inspect the premises and is required to discover and eliminate dangerous conditions, to maintain the premises in safe condition, and to avoid creating conditions that would render the premises unsafe. 

I'm kicking myself in the butt for not jumping on some SFH properties in San Tan Valley that were going for a hair over $200k about 4 years ago.  

This "minimum" level of involvement simply gives me the final say on the most important rental management decisions and let me affirm to the IRS that I actively participate in the rental activity even though the professional property manager handles all the day-to-day activities.  

The sister I wouldn't close on the property until they are out and locks are changed.The profit margin would have to be very large to deal with all the "hair" (problems) on this deal.

Same, 5% ish tops with some hair in it. 3.5-4% for A class.Imagine if these cap rates were advertised for what they are - return on investment. 

I like to let my accountant handle all that otherwise I'd have a head full of gray hairs.