Finding a builder in a hot market is difficult, especially one that can handle a project of this size and will allow you to make a profit.

What I like about this deal is, the major cap ex's have been handled, and there is still meat on the bone to increase the cash flow by filling the vacancies.

Common lighting, trash, water, heat, how is that all handled?

I handled the call with my usual tact, apologizing for upsetting him and asking him for either his name or address so I can go into my database and prevent from bothering him again.He responded that his name was "John". 

I live in Nassau county so I could handle being a landlord. 

I challenge you to show me where in NJ law it states that the assignment of contract is illegal.  

I understand there are challenges with the tenants but if it is able to generate 30% YoY, it is certainly worth it.

"We had no intention prior to the receipt of the most recent sanctions of closing down despite the challenging regulatory environment that now threatens all proprietary higher education."

There is no set answer but what you can handle yourself. 

As I see more I'll post more interesting topics like foundation repairs :p.How do you guys handle Home inspectors?