It's all subjective on a case by case basis.For instance one owner I know owns a multifamily complex of ranchers single story (over 100 units) on about 12 acres.Over the years retail commercial has built up all around it.The owner hasn't raised rents in 3 years.90% of the community is 55 and older even though it is not designated for that.The owner keeps it filled and does minor things to maintain it.Eventually it will probably be torn down and sold off for redevelopment.Knowing that it doesn't make sense to really over improve it and increase the rents.When buying a multifamily building you have to look at many factors and where it is located to determine what your plan will be.I like upping the rents slightly so that you get the increase but are still below market.As other shave said for someone to move and pay deposits and moving fees etc. they won't do it for a small amount.It's like a restaurant upping a burger 25 cents.You won't be happy about it but will deal with it.Up the burger at once by 1.00 and many might look for another place to eat.

So, you should take with you anyone/anything that will allow you to determine those things.

Another consideration is to determine your holding period.

First, let me say that I'd never even heard of the Uniform Partnership Act (UPA) until this post, so everything I know about it is based on Internet research over the past 10 minutes...so take this for what it's worth...It sounds like the UPA is a governing act that recommends rules for partnerships that each state must adopt independently (and it sounds like all but one state has adopted the rules).

Whether there is a market for farming this out to another individual is something you will have to determine based on the marketing of your skills.

In your marketing of the property you can have the notice that you will work with agents and can determine what amount you are comfortable with.

By an action for possession or other civil action or summary proceeding in which the issue of right of possession is determined; 2.

It's not the judge that determines asking price, but rather the state's court system and probate law.

Think I'll search for a doctors forum on the internet and ask there. :)

You also need to determine who your buyer might be and begin to establish a list of investors who would be interested.