Kansas city flip  Long time client of mine over 100 deals I have funded for himfor my investor  in this deal its deal number 70 for them. 

It doesn't matter - You as the big bad rich landlord have a target on your back and will be named to the lawsuit and your insurance carrier will rush to settle it quickly and then you'll be dealing with the long term challenges of having that claim in your insurance history. 

@Stuart @Gregory Schwartz @Chris Seveney Thanks a lot for taking time to respond to my query.Initially when I made an offer to purchase the property, the lender-1 brought so many last minutes after about 10 days into the deal.

Get some experience with this quad and you will be ready to go back for your next deal.  

If you need to deal with property related information on a regular basis i recommend you cultivate a relationship with a Title company.

Back in the day we carried a balance of $100,000+ that was owed to us and that is now down to only $10,000 or so and we only cover out of pocket if it's an emergency.The PM must have sufficient reserves to do the necessary maintenance work and shouldn't be chasing landlords for money.Just my opinion...Also, a PM's number 1 profit center is maintenance up charge.Landlords don't have much insight and PM's nickel and dime to death on those.If you are suspicious, ask for a receipt so they aren't making up non existent maintenance.Let them make their money tho and calculate that into your expense pro-forma.Otherwise, manage yourself and deal with the $#%^@ that comes with it lol.Multifamily in Ohio, you can get for $25,000 - $35,000 a unit.Drop another $5,000 - $10,000 into the turns and rents should be North of $800pm.Decent area's also.Personally, I wouldn't get out of bed unless I'm making the above numbers.Wishing you much success

I then completed a wholesale deal a year or two later and that’s the extent of my experience. 

How would you suggest I handle an expense like let's say new HVAC system is needed a month or so after we close the deal on the portfolio?

How do I find investors who purchase wholesale deals in FL? 

Rates will drop but it's not directly correlated to what the Fed funds rate is.