If the house doesn't pass the occupancy inspection before closing, the municipality can usually issue a temporary occupancy permit.

Using an unexpected repair as justification for not caring about cashflow as much as appreciation doesn't really address the issue, especially when appreciation also operates on the idea that the property's condition doesn't decline relative to comps.From what I understand about REI and cashflow, cashflow should cover not only PITI, but maintenance, repair reserves, prop management, etc.

Our company is actually starting an Asset Management Mastermind to address these infrastructure issues and share our systems and procedures.

@Andrew Self there are attornies you can hire to resolve your credit issues.

The handyman would reach out to the tenant to coordinate availability, then coordinate with you on the issue and fixes needed.The Smart locks are a game changer.

Our primary issue on both previous CPAs was lack of engagement/enthusiasm in their work.  

Typically, co-op's are less valuable than condos for a number of reasons such as supply/demand, lack of investor interest, older units, estate planning issues, financing and board policies. 

Next issue, I know we had BP members who taught real estate at state approved schools, that would have qualified, but what  tossed them out of the ring was they also taught beyond their qualifications, such as in finance and got it wrong!

Do you think this issue is specific to banking services or what do you think is the root cause?

Spoiler alert- Phx is quite a saturated STR area, and many STR's (although some are doing great) are having major occupancy issues.