Thank you @Rick Ng.

@Keng Ng You'll need to contact a commercial broker in Houston to help you evaluate the cap rates and the condition and performance of the property. 

Electric heat is much more expensive than oil or NG.

Originally posted by @Albert Ng:“Sorry, but what is BMO?

You must understand that I am losing confidence in Morris Invests’ ability to mange this project successful and to the terms promised.

@Patrick Ng appraisals usually come in right at the contract price or below, if you had one come in above the contract price you likely snagged a pretty good deal. 

They're also expensive and have lots of issues that make it a lot more difficult to mange out of state.And lastly, CA doesn't care where your LLC is, they still want the 800 min.... 

ANR will mange any type of property but from my vantage point it seems that they dont' have a lot of high end units in their listings.Eight of my tenants seem to be extremely happy with them.

Rich Ng yes the current tenate has a well paying job and has been on time with his rent since he moved in, in January.

Thanks, @Jeff B. and @Rich Ng!