Specifically, anything indicating that the lease is completed and both sides have no claims or issues with each other.There's no "standard" agreement that I'm aware of, but we've done a bilateral "Termination of Rental Agreement" when we wanted to document that a tenant has officially moved out, that there are no outstanding funds owed, and that there are no claims or issues.These agreements are particularly useful when doing "cash for keys" with a tenant.I would keep it simple: State in the document exactly what you want to establish as facts, and then run it by an attorney for good measure.I'd also recommend requiring the tenant's signature be notarized.

In B-lending and private, we also require proof that all CRA debt is paid off.

Most lenders require you to have two new builds of experience.

Check State Requirements: In addition to federal requirements, check if your state has specific requirements for reporting payments to contractors.

How about a management company to handle all these for liability purposes.If we decide to go with a series LLC structure for our real estate investing, where should our management company (to deal with tenants, manage rent, deals with expenses, etc) will fall into?

But requiring an appraiser to hold the MAI designation provides us with a better chance of getting a more accurate appraisal.  

Buying a multifamily property is essentially buying a business—income minus expenses.

Depending on the county, the assessor will pick up your sale price and adjust your taxable value to 70-100% of sale price.Insurance: Have your insurance broker get you a soft quote based on your lender's insurance requirements.

But even with all that - barring some extreme specs required for your systems, it sounds really expensive to me.See what several quotes tell you. 

Most of our housing stock is 60 to 120 years old and requires a lot of capex, especially the bottom of the barrel properties are typically fools gold, because capex will exceed cash flow over a few years.