They are expanding the major freeway that connects Pearland to downtown so traffic is bad right now, but I believe they are expected to finish in late 2019 so the area is only going to explode more than it already is.

We expect some clarifications from the IRS, which may or may not come.

Given the size of your building, I would not expect anything less.If you need a referral in MO, I am happy to help.

One of the biggest repairs was putting in a new water heaterWhenever some repair came up with the house the owner would always state that “he is a bank and we would never expect Bank of American to do any repairs, but if we wanted to forgo our lease option money then we could forfeit that and he would come donthe repairs”Anywho we have moved out and he is saying the carpet needs to be replaced and that that is our responsibility and if not there is the possibility that he will sue us. 

I have personally owned over 500 doors over a few decades and have KNock on wood never been sued by a tenant expect for deposit squabbles.. if anything we sue the tenant for destroying our units.. .

I argued we were already done and the contractor had been paid and they relented.But, yes, if you have an insurance claim on a mortgaged property it is reasonable to expect the lender will want you to give them the money and they will pay the contractors.Sounds like you did not carefully read all the paperwork at closing. 

If you own a car, repairs are something totally expected. 

It will depend on the current condition and life expectancy of the property's major components and appliances. 

I'm currently working on building up my rolodex, and once I have a comfortable buyers list I'm going to start doing paid advertising to attract sellers....I want to make sure I can handle the response I'm expecting/hoping to receive.  

You should expect your lawyer to draft the papers firing your PM and suggest you file a complaint against them at the state licensing authority.He might also request a copy of the audio tape they will have of your PM.