this is what you will have with a condo or townhome association....If they decide they want to replace roof, be prepared to pay whether it needs it needs it or not...this is just an exaggeration but i like the flexibility of making my own decisions as to what needs repair and what doesn't and determining which contractor I want to use.Again, just my 2 cents.Again, best of luck!

. - for me, I just got a "resident manager" and traded free rent in exchange for him looking after the normal maintenance and other small tasks.

If the seller isn't willing to play by my terms and sell at a price that makes sense for me, the decision is pretty simple - I walk.If they need to know the specifics of how you came up with your offer price, then yeah - feel free to include the PM fees as part of your reasoning.

Another jack of all trades, to consult in small to medium commercial and residential.

I need to take a long look at this before I make any drastic, legally-binding decision.

The bottom line is we trade stories and learn from each other.

Force some appreciation and then trade up in a year or two, or cash out refi to buy another.

I love the strategy you are talking about with "trading up" to bigger/better properties.

I think since I am trading that money for an asset that it will be taxed...

Some day you will consider this to be one of the best decisions you have ever made.By the way, how much do you think it will cost to hire an Austin attorney?