As long as they maintain it and don't let it overrun the property, it can only add to the goodwill.

Another developer I worked with, Mikkel Garcia, is maintaining it at http://github.com/mikkel/razor if anyone is interested.Originally posted by "Jon Holdman":...I'm also a software engineer, though more recently its been more and more hardware.

The biggest danger was one party not maintaining the new relationship properly and everybody getting their old spouse back.

Then get your reserves up on that property and repeat the process.The key is to maintain sufficient reserve and continue monitoring your current properties so that they continue to run in the most efficient manner.

Do you guys and gals maintain a CV?

These things are no more "intrinsic" to a corporation than they are to an LLC.The only difference is that there are State filings that are required with a corporation whereas those filings are not required by the LLC.But, there is absolutely nothing about an LLC that would make it any harder or more complex to maintain the exact same documentation and have the exact same processes as a corporation.

One value add opportunity you might have is to implement some sort of RUBs for the heat, but you would still have to maintain everything. 

This building once fully rented should hopefully maintain similar performance.

I want to learn how to be an amazing landlord and be able to keep the properties well maintained for our clients.

The problem properties for me are the frame structures that weren't maintained.