I'm concerned that the combined load of heat pumps and ancillary heat strips, along with other appliances, might exceed the 100-amp capacity during winter.As part of our future plans to add a third unit and separate the utilities, we intend to install two additional meters: one for common areas and one for the new unit.

Concerning pricing, we are presently looking at 98.5% from list price to sales price.

Not having the correct ARV and having the rehab get a low appraisal is my main concern.

You're right that they are expensive, but when you consider the net present value of those dollars, it is well worth the cost (1.5% on the front end then 1.5% annually).My greater concern is from the regulatory side of things.

I would also be concerned with land rent going up over time, and having no control over that.  

ARV: Be conservative on your ARV since the appraisal concerns one person’s opinion.Timeline: Whatever a contractor says, add 4-8 weeks and budget for those holding costs. 

I do have a property manager on-site to address any concerns my tenants have. 

However the negative reviews have been consistent for a few years, and still recently, so that is a concern.

I think it depends on the strategy right , I am still a beginner and wanted something more turnkey rather than BRRRR.How would you think of something form that perspective ?

My biggest concern with this market is that it is very limited compared to many other larger markets.