Make sure you have adequate insurance (2M) to cover your *** and stay on top of your paper work (resolutions, minutes, etc.).

Carry at Owner’s own expense public liability insurance that names the Owner and the Agent, that is adequate to protect their interests and that is in form, substance and amounts reasonably satisfactory to the Agent.

Just have adequate commercial insurance.

I fully endorse such strategic flexibility and ROI-maximizing decisions.That would be similar to a flipper who expands nationwide and perhaps worldwide, finds that he is so successful that he is unable to reinvest the proceeds back into the flipping business at an adequate ROI, and then decides to do other things with the cash such as buy-and-hold.

I am not a qualified expert in the matter but a 50/50 bleach solution will KILL most mold and adequate ventilation to keep things dry will keep it from coming back.

I've not seen one of these "types" of buildings (small commercial-class of this age) yet that has a TRUE expense ratio (vacancy+expense+capital exp) less than 55% or so, if you truly allow an adequate maintenance allowance and age out the roof, mechanicals, and systems.

This is because although we can adequately assess our risk-benefit, I don't think everyone else can or does. 

If you're in an area with adequate-to-poor cell coverage, then caveat emptor.  

Both banks did not receive adequate notice of each other's encumbrances.Can Bank B foreclose on owner, claiming first priority, due to an earlier recording date (but later contract date)?

My opinion is that an adequate profit amount is completely subjective and not for others to decide.