@John Casmon episode with @Omar Khan (not mentioning for some reason)  goes into more depth (Episode 52):https://www.casmoncapital.com/podcastTaking annual #s and dividing by 12 is going to give you the wrong answer and cause a ton of problems.This is because value-add project are heavily weighted in the first months and stabilize over the year.

Because I would put zero weight into that.  

If your partner is not ethical you could have real issues, and there is also the possibility for one partner to not pull as much weight as the other partner.

Simple because in a court of law the contract holds no weight due to it being an illegal service to begin with.So the scorched earth response Jim K said he would do it not only impossible in this situation, but also illegal if he actually succeeded in get an 'eviction' on her record.

The code violations are based on the property being left vacant with no upkeep, making it a public "nuisance" to the neighborhood. 

Less hassle in the long run and you never have to worry about a tenant letting it run out and freezing your building.If you do end up keeping a separate furnace for each unit just be aware that propane tanks are typically supplied by the fuel provider.

They are also a retail store (the only retail in the building) and they have been putting goods for sale out on the sidewalk during the day.I don’t like it, but they are a long term tenant and I don’t want their first impression of me to be a jerk trying to throw my weight around...How should I approach this issue?

Is that because I am trying to compare to what I have usually done which is SFH that are considered nice with minimal upkeep and I don’t use a PM.

_______ What breeds/weight?

I'm hesitant to pour a ton of self leveling compound due to added weight on the foundation may cause more settling damage.