If you are the landlord, it is up to you and all details should be listed on the rental agreement signed by both parties.If you are the tenant, yes it is! 

@Tyson Begly, I need more details about this property before I can give you better advice.

Shoot me a PM with the details and I'll be happy to see if I can help.

People don't realize the problems that come with older properties and if you are hands off, it can be hard to make a go of it.Do you have a price range or any details on what you are looking for?

You can also use the search function on the site to filter all items related to multifamily and then search through the different blog posts, forums, and even see members that specialize in multifamily that you can connect with. 

Too much detail in the initial stages doesn't get you anywhere.

1) That’s the basic relationship, Transaction Broker, 90 plus % of the time anyway. 2) make your contract, Including inspection dates, final financing and closing dates tied to the completion of roof, a passed Final Permit Inspection. 3) The commission is not detailed in your purchase contract.  

I'm working through the details though.

couple items.. this is far too much information to share or expect a response for free on any forumwhat you do is simply go sit down with a good civil engineer for an hour and pay them for it if need be they can tell you all this easily and work up a bid to handle it all.. this is all very easy stuff in the development world unless your soil is like gumbo or something. or its full of vegetation.I like open air storage as a concept personally.. as long as you have demand.. @?

Your plan seems far more detailed than mine and I wanted to ask you if you have any specific location you want to invest in (like greater Manchester or Birmingham) and reasons why ylu choIse thIs area, and if you have any advice on which tenants to live amongst.Thanks for your time, Henry