You may not need to budget for as much capital expenses if you don't plan on holding it for very long and if you replaced some of the major mechanicals in the rehab.  

Usually they will inspect a portion of the units if it is over 10units and then look at mechanicals, roof, structure, exterior, etc.

Life events happen, we get it and I would envision if something isn't spelled out in the PPM exactly how this mechanism works that a "best efforts" approach would be applied for a win/win scenario for the current investors and existing investor.

I am an Electro-mechanical engineer by education, and I currently work as a software/controls engineer in the HVAC space with a stable job and good income.  

The mechanism for avoiding double taxation in these circumstances is usually a tax credit for taxes paid to another state.

And if you are the third party that has bribed Zillow for leads through this bait and switch mechanism- don't sign people up for your mailing list without their permission. 

All mechanical, insulation, drywall etc are brand new.   

Hey BP,Family has a commercial space currently rented by a mechanic in Dedham Massachusetts that will be vacant Jan 1. - Looking to connect and discuss with a local commercial agent about filling the space with a new tenant

Increasing bathrooms, refinishing whole house woodwork, updating all mechanical items, and adding those modern touches throughout.

Plumber came out and said that the toilet mechanics needed to be replaced to stop the toilet from running when flushed.