so yea, seems like the steps you've outlined are correct.let me know if you need structural engineer referral.

Outline what the minimum balance that reserve account should be maintained, and then you can fund this scenario from reserves and not "out of anyone's pocket". 

Depending on the circumstances, you might be able to take advantage of the mechanisms outlined in the Home Improvement Consumer Protection Act ("HICPA") and the Unfair Trade Practices and Consumer Protect Law ("UTPCPL"). 

The standard Fannie Mae Real Estate Purchase Addendum (available for review on the Fannie Mae website at https://www.homepath.com/make-an-offer.html), which alters and takes precedence over your state contract.If your agent didn't submit the executed REPA with your initial offer, I'm surprised it was even considered/accepted.While I admit, paragraph 17.J seems to conflict somewhat, paragraph 5.a of the document clearly outlines your 10-day inspection contingency, and five-day grace period following completion of the inspections.The REPA is a standard form, and in my experience, there is no negotiating with FNMA on the form.

Historically over 50 years of Government data when you take into account negative inflation and super high inflation years as outliners the average is about 2.25% per year.So when inflation normalizes more in a few years but I have these vintage leases with very high increases mine on exit will be highly sought after for purchase. 

.- Have a very specific investment criteria outlined before speaking with anyone.

If you decide to keep them I would be sure to seek legal advice so there can be a section of the lease that outlines that they acknowledge the cameras exist and what exactly their used for and who has access to the content. 

This includes property held for the production of rents or royalties.So, to reiterate, rental property qualifies as 1231 property when it meets the criteria outlined in Section 1231 of the Internal Revenue Code.

Stop and make a bullet outline like you were writing a paper.  

Create an Operating Agreement or Private Placement Memorandum (PPM):Draft an operating agreement or PPM that outlines the terms and conditions of the syndicate, including profit distribution, decision-making processes, and exit strategies.5.