Your property management should send you pretty clear reports at the end of the year so as to obviate your need for such.If you have more than 3 units and self manage I suggest software - especially if you are considering expanding.I find Stessa usefulI also use buildium but not incredibly thrilled with it.  

These people should have been out a month ago. 3) They should have a procedure for repairs and evictions that would have prevented this last minute “We asked for repairs” defense. 

It’s been enlightening and has pushed me to work toward becoming the person my future self can be proud of.

If it doesn't cash flow, having the tenant in place doesn't do you much good, do you self manage?.

.- SS rule - self sufficiency rule - gross rents of all potential units 2-4  X gross rents at 75% needs to meet 1:1 or 100% of the monthly PITIA payment or greater.

That being said, I'm part of an experienced Syndication Group who invests not only in Multifamily, but also different asset classes:  Self Storage, Mobile Home Park, RV Park, and Retail - all to diversify the investment offerings.Reach out, and the next time we have an LP capital raise, I will send you the OM (and obviously info on our company) to review.

I also support the point of thinking at least 10 years ahead and only buy properties your future self will be happy.

Then what I would likely do is use self leveling concrete to make the surface level and flat.

So it won’t matter if you forgot things like management fees (or the value and costs of your mistakes if you plan to self manage.)

I plan to self finance and do all needed repairs myself ………..