Multifamily is a team sport for a reason.

I asked around and with the Covid-19 impact on supply chains and rising inflation, the cost estimated I’ve been getting are very high ($6.8k).There’s nothing wrong with the current setup but I think it’s a value add (yield $150/month rent increase) and less hassle for tenants.

So I’m major appliance hunting and I’m finding a lot of the supply of bullet proof mechanical controlled appliances being replaced by electronic controlled appliances.

Until supply increases - sellers will be in complete control especially in affordable/desirable markets.

I have 10 unit in rural town of 2k people, with sprinkler system with separate water supply owned by my llc and state farm charges $519 month for 1.4m replacement policy.  

When supply goes up, prices normally go down.

You might (ask an atty on how to word) for something in the PSA signed by seller stating that the supplied books and PSA contain all the tenant in agreements in effect at closing.Estoppels are usually for commercial properties like retail / office since lenders will ask for those beyond a lease.

In contrast, the prices may fall because of the foreseeable increase in supply after restrictions are lifted. 

This dynamic is causing a shrinking supply of the most affordable housing solution in America, at a time when the demand for affordability has never been higher.

@Bernie Neyer they have some of those domes in Arlington KS where my buddy lives - not much going on there - but they are ugly - I can understand why the city didnt want them in town.I'm surprised you can't get your costs down - but then again small town prices are way higher on trades and supplies than say Wichita for example.