Whats the update?

I am in the process of updating the records with the county to ensure a smooth appraisal / refinance.

Since this is my first property, I am interested in either turnkey or a property that needs superficial updates before renting.

Updating Bathrooms and turning sitting rooms into bedrooms.

All of those things can be mitigated by updating electric or plumbing and by supporting the basement with beams or reinforcing sections with newly poured walls.

I'm updating the units as they become available.

Recently received an update from my realtor that several appraisers are passing on the building and 1 in particular even called my realtor and shared information that he shouldn't have, such as: inquiring if there is a relation between myself and the seller, agreed numbers are strong but shared it will not appraise for what I'm paying and to reconsider me being in the deal and use the appraisal as a reason to get out of the deal...really odd and the realtor agreed.My question is, why would appraisers turn down the 4 unit building and why would that particular appraiser share so much and then not be the one to do the job?

I'm sure there is variance, I'm just trying to update my analyses. 

There will always be issues with some residents and those will take up a majority of your time and effort.Then there will be the occasional pipe bursts, small fires, etc.Dealing with tax appeals, tax returns, insurance shopping.If you have investors, keep them updated and informed throughout. 

The Windermere/Winter Garden areas are always very sought after with the proximity to theme parks, airport, downtown etc too.So you have lots of options for higher end homes and prospective tenants, good luck, keep us updated.