I have 7 properties myself, including a 28 unit apartment complex.

Kind of a way to start learning the business and moving into more complex deals from there.

if you havent already, read Multi-Family Millions if your interested in small multi family buildings, or even larger buildings and complexes

It's a complex calculation that most assessors, can't (or won't) even explain.You can determine your assessed value by going here: http://cms.indygov.org/MyAssessedValue/You can also appeal once per year, but be aware that some assessors punish those that appeal by raising rather than lowering the tax bill.

I just picked up my first complex and am getting into the swing of things.I am curious on the dog topic.

This is a pretty sweet deal and like I said, I'll post on it once we close.BP looks like a great forum and I plan to be an active member.

That usually provides past addresses and if its a complex you can call them.

The major problems we see are that condo boards can choose to turn the complex into rental restricted with enough votes (meaning no rentals or only percentage can be rentals), special assessments or raises in condo fees could kill profit potential, and losing FHA eligibility could cut sales potential in the future if you'd rather sell than rent.

In one high profile case near me, a city actually issued sanctions against the owners of an apartment complex for allowing drug dealing (and other nuisance behavior) to go on, and ended up shutting down the complex with an abatement action when the problem wasn't properly addressed.

Being a CPA and having had a CPA business in a prior life, I would lean toward the smaller sole practitioner vs the larger firms (unless you have a very complex situation).