He has not performed on those steps nor made progress in that direction.  

Review your contract with the property Mgmt co carefully and make sure you have the ability to cancel their service if they are not performing as expected/required.  

The deal was back to market on MLS because previous buyer did not perform (failure to get the Mortgage). by that time it has been on the market for well over 4 months, so the seller was a bit frustrated and quite motivated.

For my company we have tossed around the idea of getting into new construction for a while and a home for myself would be good training.Is there a schedule of tasks that anyone uses as a template?

How are you doing your number one task without even being involved?

You'll need a real good property manager which honestly is hard to find or take on the task of self management.

He's performed thousands of studies and about a dozen for us over the years.     

Would be curious to hear what your experiences have been in terms of your property performance vs. projections as well as your experience with property management and finding tenants.I too think that E Orange and Orange have great investment potential, given the further gentrification of Newark and the perpetual unaffordability of NYC.4-units in particular seem great, given their relative scarcity in this market.

To get the best price you need to have a properly performing property.. get rid of the manager, find another one.. use google if you have to... you are going to get 60-80% of the value if you sell with a vacancy.. suck it up, get a new manager, claim some proffit and then get out.Honestly, you should dig deep with these potential buyers and see if they are related to the manger...

Hi high crime areas, assuming the note is performing then the highest risk is if you ever have to foreclose and resell, the crime rate could affect value.