Tile is among the least inhospitable surfaces to multiple drug-resistant organisms/superbugs, and if you work in a hospital or a nursing home, you've seen people die of superbug secondary infections, and you don't want to bring them home to your kids.Medical professionals also tend to put a lot of faith in chlorine bleach.

If you're putting up 100% of the capital and they have no skin in the game that's a red flag to me.

Most of the time you end up stroking big checks and wait and lose control and have to go back and fix it anyway.No way I'd wait on somebody (who has no skin in this and doesn't really give a rip) to do this for me while taking forever and getting a month of rent for the privilege.

Then you technically have nothing to lose and the banks wants to still see you have skin in the game.

It's certainly more likely that you'll get a response than a yellow letter, but I bet you'll need some thick skin for the responses you'll get.  

My experience: you need skin for this game.

@Roman McIntoshOn the surface, those numbers look tight.

I know it gets under people's skin to think they are paying for their tenants to go hog wild on heating and cooling, but in this area it seems fairly common for utilities to be linked together in a lot of properties I have seen.

Just saying ,the expenses for out of state properties is hard to manage when you have no physical, eyes on, level of work, or professionalism done,, until a problem really surfaces and then you've paid thru the nose, jump hoops to figure things out after the fact. 

I ask because I'm a lender and on the surface, I can't figure out the issue you are having.