Farah Law Firm in Mansfield has worked well for me.

Need to micro managing be on site every day or let them think you will.Be able to say this is wrong be firm but not over top that will never work with blue collar workers.Keep the budget close check and re check numbers.Avoid up front paying labor that is not done yet this is a BIG NO!

If you are getting 5% cap rate in NYC, that is a great deal.I've been working for Property Management and other firms for the past 15 years and I always see cap rates in about 2-5%.Yes, it is true that you can make better ROI if you invest in Stocks or other types of similar investment, but what you need to take account of is the appreciation level in NYC.

In commercial real estate, you typically hire a leasing broker/agent who may or may not work at the same firm as the property manager.

They are a bigger firm (which I generally don’t prefer). 

I work at a RE firm/settlement co in the Tysons area and have been closing deals as a licensed settlement agent for 3+ years now.

The attorney she used she says has since passed away and she cant recollect the firm.

Get a firm number on repairs and add 15% on to it.

Most good QI firms are made up of attorneys and accountants. 

IMO, you shouldn't worry about this.Either way it sounds like the losses would have been suspended and carried forward.At most, your CPA charged you for a partnership return that was not required.If you are worried about it, reach out to other tax firms in May for a second opinion.