Central Maine Property Management for sure!! 

Hi Bob,When purchasing apartments/multifamily, there are 10 main reports you want to obtain during the due diligence phase (between contract and close):Financial document auditInternal property condition assessmentMarket surveyLease auditUnit walk reportSite surveyProperty condition assessmentenvironmental site assessmentAppraisalGreen reportMuch more involved than due diligence on a SFR.

Still in the process of fixing up the main floor unit from the abuse it took from previous renters.  

Any links to a beginner's curriculum of study (e.g. the top couple of books to read, or the main topics you should study before jumping in) on the BP site or elsewhere would be much appreciated.And finally:I would love to connect with folks both in my area and out of area, so let's!

I don't know what a good vacancy rate is as opposed to a bad one.. but if your managing 2k to 10k houses I suspect your always have some manner of vacancy.. the main take away for me is you simply cannot buy property in the "cash flow markets" were your buying in the lower third of the economics of a given MSA.. those are just tough for whatever reason history has proved this.. most of the buyers have only them selves to blame here.. they are all mesmerized about COC returns and take risk they just don't understand.. then they blame the tenant and the asset.. when in fact its their own choices that lead to the inevitable in low value asset or bottom third in price point in a MSA..

My Facebook one says - Thank you for your interest in 123 Main St!

I don't think overall that it is worth the $595K that it is listed for, but even at half that price, I still wouldn't make an offer, based on the main house itself. 

I have learned that Jefferson County has 2 districts...the main one and the Bessemer one.Thanks, in advance!

My main dealings are just with brokers.

A little background. 30 years young, credit score of 730, no debt, I have my CA real estate license but haven’t worked under a broker for a few years.