Furthermore, you should explore checkbook control versus having the custodian make all the investments.  

Imputed expenses are important because they will be included as Operating Expenses when a lender appraiser does its appraisal, and also when the lender calculates its Debt Service Coverage Ratio.Regarding pest control, it's not just monthly roach spraying.

Quote from @Wilson Pereira De Oliveira: I didn't know about this rent control limits in Berkeley.

Accept whoever applies" is an idea that would cost you a bucket of money in the long run.Bankruptcy is usually a "no" unless it appears to be a one-time event caused by something out of their control such as a massive medical bill or a business failure. 

👍😊 Hi Richard,If you can see a way to somehow get control of these assets and then recoup some money for the shareholders, please let me know. 

Chimene Van Gundy carefully crafted a public persona as a successful buyer and seller of mobile homes before a judge appointed a receiver to take control of her New Braunfels company and she filed for personal bankruptcy last month.But during a bankruptcy proceeding Thursday, she couldn’t recall any particular deal she did to get people to invest with her or that led to her becoming known as “the Mobile Home Millionaire.”

All the pest control companies I've called (Central MA) said they don't open sheetrock.

Quote from @Yemisi Dinkins: As a property owner, I would never sign a Master Lease because I would give up control of the property so someone else could profit from it.

I come from the world of 100-500 unit properties where this was not the case and every property had it's own separate accounts that we controlled as the owners, but now having been owning and managing 1-80 unit properties for 4+ years, trust accounting is the best way to do it. 

Pest Control: Owner handles big problems such as termites etc; tenants keep the place clean to avoid pests.9.