I was trying to back into the purchase price that would meet my requirements to submit an offer; so based on the rent roll provided, I estimated Opex to be 50% of the effective gross income, amounting to NOI being 50% of $112K therefore $56K.

Partnering with Marina Rad provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

Partnering with Pat Rosati provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

.- Address buyer's concerns with reputable local professional and expert evaluations and written estimates.For example if the deck needs to be repaired or replaced, during the contingency period I'll attempt to have at least 1-2 licensed contractors provide written estimates.

If it's something you want to pursue after that my company does provide consulting services to help guide people through the process.   

Partnering with Seth Choate provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

You could also think about buying vacation properties to provide opportunities for family trips.

@Corby Goade I have contractors coming by throughout the week to provide quotes and I am very curious to hear what they are going to be.

Partnering with Graham Lyster provided valuable local insights, making this an attractive and strategic investment for Partner Driven.