I also use the BIGGERPOCKETS calculators to keep track of things like ROI and cash flow projections and update the data there on my buildings frequently.

I recommend you read some books about how to manage properties well, use a strong contract, know that contract inside/out, know your state law inside/out, build policies and procedures to catch and stop problems quickly, know how to screen and select good applicants, etc.An ounce of prevention is worth a pound of cure.

Both of these may impact your DTI.One of the difficulties in holding properties for a long time is that equity builds up (either naturally or by forcing with renovation), and I need to sell or refinance to get the equity. 

This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

I rarely have any tenant defaults these days on commercial side as credit is super strong and I am picky on deals I buy.

HOA has a Reserve Study outlining $400,000 in outstanding work that needs to be done between the two buildings and property.

We require strong LL referrals and state this requires more than paying your rent on time.  

With the Contractor having no insurance again you are more likely to be drawn into an lawsuit.I strongly recommend that you only use Licensed contractors with a good track record and with full insurance. 

Would appreciate it.I'm also looking to build a local team to help and work with.

The build cost is $400,000.