Overall this couple seems to have too many complex issues and I will let them look somewhere else.

I’ll have to see if the property manager would be willing to connect us, I have them managed locally.As far as other investors I wouldn’t know hit to find them except on here, I have 11 homes and an apartment complex I’m trying to possibly sell

Can I change the locks and make them deal with any remaining complexities?

I want to make sure I provide my tenant with required documents that can hold up in court. 

Condos usually have hard owner-occupied percentages they have to meet and you might not have that opportunity, unless the condo is specifically an investor complex.  

As many of you know the Supreme Court overruled CDC guidelines for eviction ban, meaning that all landlords can start the eviction process now if their tenants do not follow the lease agreement.

However, you can actually save millions of dollars in taxes by starting during the blueprint phase.Here are some examples of ways to save on taxes:For conference rooms in a hotel, Instead of installing regular walls, if you install moveable walls, the walls could be depreciated using the rules of bonus depreciation.For a multi-family apartment complex, changing the model of the bathroom exhaust fan to a variable speed could help qualify for the energy credit which is $2,000/unit.For a large apartment complex, installing a ceiling fan could allow you to qualify for 45L tax credits.For a hotel, if the porte-cochere is detached from the hotel building, it could be fully deductible in year one as it could be considered a land improvement.

Our costs are about in the middle of your range listed - if the deal is more complex (i.e. has 1031), the cost can increase another $10K - $15K.

I lived in an apartment complex close enough you could walk there.

Given the market for SFRs is so hot right now, even in August, is it worth looking at small apartment complexes?