My scale could be totally inappropriate for your area.)

My asst, the lender, the NEW attorney, my office and myself feel they not only dropped the ball for the client but have acted inappropriate with all their actions.

Yes, its inappropriate.

If you signed an occupancy clause and the bank finds out they can give you the option to: sell, occupy or refinance.Your insurance should conform to the usage.

It points directly to conflicts of interest and non-aligned incentives that owners and PM's always potentially have (particularly those PMs running in-house maintenance operations from which they extract profit directly tied to the amount of usage).You did qualify that by saying they're doing the same with their own units, and I can relate to the idea of trying to push your building into a higher rental tier, which will likely involve removing your lower-tier tenants who likely wouldn't qualify at the higher tier.

I'm not worried about finding the meters themselves, I'm more worried about getting the right software to track water usage and make invoices for the tenants so that I can waste as little time as possible on the bookkeeping.

There was an instance before of one investor I knew who bought a house at auction.When the city annexed the area years ago houses had the option of connected to the street sewer and the city did it but it costs many thousands of dollars.This particular property owner connected to the street themselves without telling the city.So the new owner buys it and city wants to impose unknown usage charges and fines for years of illegal hook up.The property was having bathtub and drain issues and at first the new buyer couldn't figure out what was going on.The previous owner didn't also decommission the old sewage tank properly.The city worked with them to refix the line but they still had to pay reduced fines etc.

They should only do so if the add is inappropriate.

Thus I always check with them and get WRITTEN confirmation of it's 'legal usage' from them and them ONLY.

If I offered "all cash" on a short sale and got it approved... will the short sale lender have an issue with me using hard money as part of my funds? Why would they? I've closed short sales before and haven't had this...