You take out vacancy factor for the area and expected rents per sq ft and CAM to get to your cap rate to cost.That is your break even.

Cam

The total CAM per sq ft above base rents would rise.If most of tenants are mom and pop versus national the tax shock could cause many tenant defaults in the center.

Of course I can view the cams on my phone too, but rarely utilize that feature.Using the cameras and electronic access control has allowed me to eliminate the 4 hour a day security guard the previous owner utilized, a savings of about $20k/year.  

I don't have either as the noise/guests concern isn't as high on the list for my business (monthly rentals) but I am always on the hunt for devices like these.I do have Nest thermostats, Nest outdoor cams and indoor cams that I'm a fan of and would recommend because of the access I have on my phone. 

So my question is, property manager or CAM?

Originally posted by @Cam Jimmy:you literally described Alaska in your want list!

@Cam JimmyI agree get an attorney to write it up, they most likely have one and can walk you through it with an hour of time.

You can also always craft your settlement statement to show you paying certain items like the loan costs POC but if you also have a rent credit, taxes, and CAM, for example, coming to you, that has to also be POC (not part of the 1031) so the numbers could net out and you don't have to bring much to the table, if that makes sense.

We let police determine who belongs so no list is available Yes @Chris Martin using the OpenAlpR software and hope to get it working on a $5 raze berry Pi board. for cameras I've found many ready to go my favorite i use on my own home is the Light bulb IP Spotlight Cams, WiFi and monition capture with IR night vision. for $79. now works good and simple to install. http://digitalstarlight.com/iot/iot/iot-control/vi...