I'm fairly new at this, read a few books, done a lot of research on BP forums and online and feel ready to make the plunge.

It will only complicate your business starting out.The major problem with doing business with friends is that if the business fails so does the friendship.

I’ve owned it for about 5 years and have had 2 roommates the majority of the time giving me $500 each a month.

If the development is poorly ran the monthly condo fees rising and special assessments could get extremely expensive and you have little to no control as a minority owner in the building.Some investors try to control the board by buying up a majority of the units.If you use a broker or agent make sure they specialize in condo's if that is the way you want to go.

Keep in mind we do not have known cost amounts for these repair items, and can just make estimates, and hope no other costly issues are uncovered after attacking some of the repairs.My question is, with our next interaction with the selling agent, should we:A) Ask for the major repairs be metB) Ask for a decrease in agreed upon price (without great idea of what the repairs will cost)C) A combination of both; settle with some repairs met, and a decrease in priceOur entire list is below: (keep in mind that I am not sure if all of these things need direct attention to get the unit rent-able, or if some items can be overlooked for now and deal with later as they become more of a problem)Repair List:Items that need attention before renting unit:Big Ticket Items:Install furnaceInstall all new appliancesInstall water heaterExterior electric power supply is damaged, needs repairInstall guttersNo termite treatmentNo gas meter, install newAttic decking has moisture damage, needs repairSmaller Repair Items:Install electric panel faceplate and secure exposed wiresTwo prong outlets (could not test), swap out, install GFCI where neededTrim tree limbs in contact with power linesMissing light cover under front entranceRepair kitchen windowsRepair kitchen sink leakRepair utility room leakInsulate atticSeal gaps in living room doorLoose bathroom faucetAdjust shower water pressurePatchwork performed in multiple rooms, walls are plaster on wood lathe- which I have been told can have asbestos issues once opened upDeferred Cost Items:Large tree removalTorn and missing roof shinglesSeal plumbing boots on roofRaised soffit under car portSecure electrical lines in attic, they run over attic stringers, not through them (necessary?)

I don't think so. our market is still expecting a wave of new residents, due to our politics, increase in jobs as major companies and filming industry moving in.

They have their clients use quickbooks online for tracking the financial data. 

The issue is this: we used to pay the same as every other property owner  before we were forced to do online booking.

With a value of $420K and potential rent at $2500 you will have a major negative cash flow long term.

3) Where can I search for multi-family properties online???