Be sure to factor in contingencies for unexpected costs during the rehab process and maintain a realistic cash reserve for property management and maintenance.

In the latter I've found many wholesalers who get a client to sign a contract with little to no explanation, leaving the client in a bit of misunderstanding about the process. 

Hey everyone,I'm in the process of purchasing a multi-family apartment building and just discovered none of the current tenants have any kind of move-in inspection. 

Looking to connect with any lenders to learn more about the short sale process!

The biggest lesson learned here is that there are going to be mistakes made or problems that come up, and so having patience and communication thoroughly with your partner and team are key to getting through the process.

I can't speak to the condo conversion process in your municipality this is something to weigh as well.

Transitions are also complicated and the screening and rental process can be burdensome.

That said, I haven't had to file a claim yet, so I can't speak to that part of the process.  

You could look into enforcing late fees if your lease allows it or even start the eviction process to show you're serious.

I do have a mortgage currently in my name that I am in the process of having assumed, so currently my DTI is very high because of this.