Look at and audit the rent and exit cap sensitivity table or calculate it (along with validating rent comps) to ensure that the property will do fine if rents don't increase.Excess government actions have inflated everything, including rents, and they are just playing whack-a-mole by now smashing the interest rate button to course correct.

As cool as it is to hear about the big players landing the multi-million dollar deals, it's not always relatable! 

@Trevor Lowe Run the numbers and ensure you include your HELOC payments into your debt service.

More often than not, landlords/leasing companies are not going to allow this practice and will ensure so by including a provision in the tenant's lease.

Nobody wants to fiddle with a DVD player or flip stations.

It looks like they are not doing any inspections right now so I beleive the tenant or myself will certify property meets standards.Also I run the same background check on potential section 8 tenants as a normal property, I just don't worry about income as the section 8 office ensures affordability.

I am acting as a project manager to ensure everyone is doing their job and money is moving in the correct way.

This will ensure that you have lifted the value of the property, therefore higher refinancing in order to pay our the seller financing.I think the fact that you will be bringing multiple assets at once for refinancing is a positive thing.

Is this just to try to improve cash flow by ensuring taxes aren't too high?

Typically they are the bigger players in the market and charge a premium.