What you want to discourage is the tenant 'helping' you with feedback/action that is outside the scope of the lease.  

One of the big ones is that accounting software can keep track of partners' contributions and partner equity. 

The general rule of thumb on refinances is to do it if you can make back the transaction costs within 2 years.

Or know of a meetup in the Sacramento/Folsom area?

My question would be becoming a qualified assisted living operator and the certifications / licensing per your state (For me Texas) to get your property up to code?

@Malcolm Grundy I almost said North County instead...I grew up in Berkeley and know the area well.

Here are my thoughts/questions:-When you say "builder" please give some more background...is this someone who builds a handful of spec homes a year in the area?

You can try to make it part of the inspection amendment, that's the last time you have some negotiation power.

People talk about the best states to invest in daily.

Let's say there's 3 properties in a 1-mile radius with 5b/3b, but one is a foreclosure and the other 2 are regular conventional sales.If you're doing a comp for your subject (4th) property, do you have to take the foreclosure one into consideration?