I don't know where this building is located, but an 8% cap rate in our market is very good.Everyone is going to manage a property different so you have to determine what works best for you...but I'd argue the pro-formas aren't that far off.

I think one could reasonably argue that the language in your lease requires you to make repairs that go beyond habitability.

Even if you argue "I'm here 50%, there 50%", wouldn't the rest of the time be investment status?

The best book I've come across for multifamily is "ABCs of Real Estate Investing" by Ken McElroy

Great, seller's side pays a quarter, or half, or all, of the junk fees.Buyer's agent (ie YOUR agent, YOUR employee, who works for YOU) insists on using XYZ title which is $1000 more expensive than ABC title?

@Wayne Brooks - I know I am responsible, but it comes down to whether I can argue that the city is responsible for having up to date amounts owed.  

Some real estate agents also will not show houses (after nightfall, or at all, or maybe in certain neighborhoods, etc) to someone that isn't preapproved, and they will just text a fellow agent "showing John Smith 123 Main St, preapproved with Sally Joe at ABC lending."

I feel like you're trying to argue rather than give helpful info.

Get some BRASS BALLS.People will lie to you, they will argue with you, everything you think can and will go wrong.

While nobody can argue both QB and Xero do what they do well (generic accounting), it's a pretty solid consensus here on BP that landlords are better off using software designed specific for landlords.