You can use private systems as mentioned but like was said the tenants fight on the bills claiming it is not correct and the meter is not working properly or that the distribution of the water bill isn't equal to what they are using.This is why just for me based on past experience if I ever bought a large apartment again it has to be all utility separate from the utility company.

I am under the impression that if the exit strategies say someone unhappy or wanting out for any reason can be bought out ; that is what will take place and the person wanting out will not have the option of taking half the properties if they choose.We aren't fighting but just want clarification: who is right ?

I'd have been more inclined to fight the "which sidewalk" to use or "children in the common area" than to have fought this one. 

I have the capability of doing an investor loan on the deal (25% down), but that drops the return to 8% and I would prefer not to tie up that much cash if I don't have to.

Now I close investment purchases all of the time without a second thought.I will have to agree with others on this thread the most courageous I have been was when I got my *** kicked in real estate investing but had the courage to continue on, fight back. it is not easy.

When I interact with someone who may be an investor, I'll bring up an analysis on my ipad right in front of them to show them I'm capable of doing the work.I also ask specific questions of them to ensure they know I know the language.

It gives tenants more rights and it can be a harder  eviction fight(personal experience).

While I love a good fight...

Are there any commercial note buyers that are capable of or would even be interested in purchasing a $7mil note or partial note?

Nobody should go around picking fights but sometimes people need hear that they don't make sense or that they need to change their mindset.