Is that true?

Currently paying 8.21% (floating).Notes are great, being a hard money lender is great (we do both) but some cash that is reasonably safe and very liquid is always important for that great deal that comes up and needs funding yesterday.

Yes this is very interesting , so some area is still pretty reasonable 

The condo market in D.C. is probably one of the worst sub-markets in the country right now, so is that a reason to hold and hope it comes back?

All of these are reasonable things for a LL to cover.One way I help control repair requests is to include clear statements about what I am responsible for and what my tenant is responsible for. 

Can another provide me the contact for a lawyer who can do this at a reasonable price. 

There's a reason someone's selling it right?

May I ask for what reason? 

There must be a significant reason to them being more affordable but well maintained aside from the fact you share 1 - 2 walls with strangers. - Am I caught in a loop and not taking action out of fear, or does this rational make sense to someone more experienced?

Meaning, every year builds off of the previous year.A reasonable organic rent growth input can be from 2% to 4% every year, but this depends on your business plan and market.Sponsors can use organic rent growth to inflate investor returns in the underwriting model.