We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Alternatively, you could split it between House 2 and 3 in a way that covers your building budget for the apartment.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

we have several properties now in McHenry County now, and we are looking desperately for an attorney that covers that area.

How long will they have to cover property taxes etc for the decision they make?

Also, are you doing separate loans, or one loan covering both properties?

I always cover my experience, the brokerages experience, and expectations with communication - 9 - 5, M-F, 24 hr turnaround during business hours, and the owner can reach out to me personally when the team isn't present. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Or if they were rentals the losses may have been covered up by the Ponzi scheme.

On higher value we are willing to stretch if need be as there’s more room to cover unknown issues.