Getting a conservatorship can be a lengthy and expensive process, and though I have a good relationship with the seller (having become well acquainted through many phone conversations and through doing little things like cleaning off old photos I found at the trashed property and mailing them to her), she has been slow to get the ball rolling on her end.

The property is in a rural are and the only issue on the pcr is plumbing failed pressure test.

The test ad attracted the super riches offering to buy his property instead of the tenancy which kind of freaked him out.

As is, the owner is rent rolling $2,000/m with just 2 units occupied and paying rent.She wants to hold on to the property and make capital improvements over time. 

When it became apparent that the screening ordinances were going to pass, the management company I run began to change our policies accordingly to test out the impact it would have and it was very minimal.

What you are facing now is your first test.  

Thanks for the tough love -I tracked down a lawyer through a recommendation and the ball is rolling to get the trouble tenant out.

We will certainly consult with a professional as we get closer to rolling on this one.

Rent roll: $2800/moTaxes: 200-250/moInsurance: 125/moWhat other numbers do I need? 

@Jason Turgeon are you trying to track property expenses separately from unit expenses, then be able to roll them up for an overall total?