Specifically will this property require a secondary form of egress and if so, can the architect provide this in building permit  plans and does the change of use trigger the need for an NFPA 13R sprinkler system?

Also there isn't as much appreciation in the area, it takes longer to evict (MUCH longer), and they have lien-able water and gas - so if someone skips out on the bill, it's on me as the property owner.My point is, high taxes are just one consideration but not an end all be all.

Unfortunately local politics often lead to policy considerations that are intended to drum up voter base appeasement as opposed to doing what's best for the municipality/city. 

I understand some of the possible implications of making this move would be a likely higher interest rate and lower NOI on the new investment but would like to get additional feedback on what other things I should take into consideration with this possible move from those out there who might have some experience in this realm.

I've been interested in real estate since Carlton Sheets but never pulled the trigger. 

I appreciate your consideration!

@Karl Kauper going to guess your current PMC:1) Is having too many tenant nonpayment issues for your likingAnd/or2) Refusing to share their background checks with you, so you can make your own approval decisions to address #1 above.Several factors may be at play here that you may want to consider before being trigger-happy:1) For several legal and contractual reasons, it's pretty much NOT possible for a PMC to share background checks with an owner. 2) What Class of property do you own?

If there is one you would need to take into consideration the effects of the costs associated with that vs. your new savings via the lower interest rate.

Prices for staples are down a bit from their high and their inflation has slowed considerably, particularly in gas and many groceries.

That tool looks to be very useful; I will take it into consideration when choosing a market!