I am sure I can find one but how to approach them with this property?  

Obviously, the best approach is to select tenants that can comfortably withstand a small increase each year so they can't claim this, but circumstances can change. 

Recently I was approached about a couple off-market vacant commercial properties in the KC market that would make a terrific conversion to apartments, with enough space for roughly 60 apartments each. 

It seems my purchase price needs to be in the 450k range with a sale in the 600s to see good healthy margins.

Hi All, I read a bunch of different forum posts on the different approaches, but was curious if anyone had the tactical (step by step) process for this question. 1.

I approach it like this: everything needs replaced at some point.  

I am wondering if you were first starting out and you had someone who can be a book of knowledge and experience for you how would you approach it? 

I love the Best/Worst/Expected approach. 

Does anyone have tips on what my best next steps should be or tips on the best way to approach the situation.

I really appreciate you sharing your approach and experience with this BRRR.