Don't try to make all your money on the first one, the main goal is to go through the motions and not loose money.

Looking back though, I didn't do him any favors by allowing him to continue to let his own personal finances get out of hand because of lack of prioritization on his part. 

It isn't about negotiating everything in my favor. 

The numbers always work.... but tenants and job circumstances, do not necessarily work in the landlord or owner's favor. 

This bill drops item (3) from the list of changes requiring unanimous consent NRS 116.31088 requires that at least 10 days before an association commences or seeks to ratify a civil action, the association provide a written statement to the owners that details the following: (a) A reasonable estimate of the costs of the civil action, including reasonable attorney’s fees; (b) An explanation of the potential benefits of the civil action and the potential adverse consequences if the association does not commence the action or if the outcome of the action is not favorable to the association; (c) All disclosures that are required to be made upon the sale of the property.

I don't' even have to listen to it to know that it's uninformed, biased opinion favoring the Tenant over the Landlord.

Its solid cash flow, in great shape, and I got it for what I believe to be a favorable price.  

You may be able to negotiate some good terms in your favor.

@Munir Hassan I’m not seeing really what you did wrong except like others said maybe work with an agent.Agents know other agents, it works in your favor if the seller is also working with an agent.

The flexibility, scale and tax benefits are more favorable in the commercial space.Over paying is a subjective term.