@Brandon Kelly I'm sorry to hear you are having trouble.I assume they're not in violation of the management agreement.You said this is a "turnover" which implies one tenant leaving and another coming in.

As far as I can tell you have an implied agreement if you have not signed anything.

That implies the current owner (or whoever has control of the estate) accepted the offer but the bank didn't give the ok. 

I assume you will require at least (3) floors to reach the (46) units which implies you will need/want at least (1) elevator. 

This isn't a job they got overnight, so they're not going to QUIT overnight when my garnishement paperwork shows up.2) As #1 implies, they WORK and have a JOB with a source I can garnishee. 

(Although the laws pertaining to implied warranty of habitability do vary by state, I've never seen one that didn't require at least one working toilet.)I'm sure your landlord doesn't intend to leave it in that condition. 

My wife was a trainer for Floyd Wickman back in the day.. 

I wasn’t trying to imply that all Turn-key companies were scams, I apologize if I came off that way.

That implies logic will be overruled by emotion.

Generally NO, Without a large economy of scale building a smallish multifamily will be way more per square foot than older property plus redo, mostly due to the evolution of building codes.One way around having to step into commercial classification and all that it implies, is to build duplexes (technically residential).