If there are any gaps or an environment with excessive water, you've got trouble coming. 

They are leaning towards buying out the 25% owner but I think it's a mistake since he's asking for an excessive amount relative to the value of the property.

But to piggy back on that, the ones priced right do always  seem to need a complete remodel including subfloor due to moisture. 

Tenant shall not use any equipment or devices that utilize excessive electrical energy or which may, in Landlord’s reasonable opinion, overload the wiring or interfere with electrical services to other tenants.10.

Just want to point out that moisture issues with stucco is only going to be a problem with a wood-framed house. 

We'd rather keep a property vacant because our state is extremely tenant friendly and evictions regularly take in excess of 3 months.  

That part of the bill sets the punitive damages for buying a rental property in excess of the 100th at $50,000.

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-EZ for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

Housing demand FAR EXCEEDS supply so our year-over-year property appreciation and rental price increases are in excess of 20% in key markets. 

Use that excess cash to put towards bad debts, your next property, or other investments.Sorry for the repeat information and advice.