Costs just went up to $40/mo for 1-25 units and the accounting function isn't "amazing".

Now the consideration is how the property functions.

But, I'd never buy an LLC from someone (unless I trusted them enough that I'd be willing to provide them an unsecured loan).Here's why...I could organize an LLC and then an hour after that I could have an unsecured $500K loan in the company's name.  

Jack,The price you will receive for your note will mostly be a function of the down payment, strength of the borrower, interest rate and amortization.

I would be using Quickbooks Online and the only option to use class tracking is the highest priced one, where you get the same function out of the mid-level Xero option.

My weakness is that sometimes I come off to harsh, and I hate doing paperwork (though I am very organized I just don't like it).

Right now have makeshift wood column providing additional supportElectrical - replace Federal Pacific equipment, replace fuse panels with circuit breaker panels, remove or disable any knob and tube wiringmove air conditioner so can inspect fire escapeschimney -Have a qualified chimney contractor service or repair the chimney(s) as required to assure long term function and safetyOld Roof - have roof contractor inspect and find out cost to replace as its oldSome floor tile in common halls is older 9 inch floor tile of a type commonly containing asbestos - do I need to be concerned?

We have a local club that I organized: http://www.meetup.com/Israeli-Real-Estate-Investment-Club/ Join the club and feel free to send me a PM if you have any questions.

Are the toilets staying functional and the roofs repaired?

I'll be curious to see if they can organize enough to slow down or impact the boom.