In terms of a PMS system they are all pretty much designed to be fully functional these days, but most are better than pen and paper or simple excel spreadsheet that can have heavy human error attached.

Also, if we are ever NOT able to perform PM duties, the cost for that will come out of OUR half of the 50-50, since that is one of our main ongoing functions that we are responsible for.

@Joseph Leibovitch, that is a function of all the new purchases and refinances in the pipeline, which take so much attention. 

This functionally means she accepted responsibility for the account, but it also means she paid it off.Has anyone else handled a similar situation?

Their sales people pitch that customers spend comparatively little time on the bookkeeping functions, so maybe the sales people can provide an answer as to why? 

That's when I found out that the town this property was located in considered it to be of historic value and would only permit for a much more costly (but no more functional) windows, doors, and brick restoration.

Because of the high utility costs and abuse, below average rent and an older building with some definite functional obsolescence, this is why we hesitate to move forward.

Things are starting to even out again.Sub $300K is not easy, but it is possible depending on what you want to buy....but that is also where the renters are, so buying in a decent area with good schools as low as you can get is normally a good strategy.Cash flow is always a function of what you put down. 

Probably can not even function at all.And that sewage issue, probably every time they take a **it they get an overwhelming fear that the toilet will not flush/. 

@Julie McCoy I think the answer to your amortization question is yes and no.Some people will use the NPV function on their financial calculator when doing their numbers and deciding on a bid.For the people we trade loans with, I've only seen yield being used but I'm not privy to how their financial models actually work.