Obviously special assessments and increased hoa fees will be coming soon to the current and future homeowners.

He should be able to provide you with a list of duties and describe his activities.

If a potential seller wants to list with me I show them the sold comps and the active competition.

Okay, now that prices have fallen by as much as they have, do you feel that the local property taxing authorities have adjusted their assessed values as quickly downward as they did when prices going up.

I would call them, visit them, assess the condition of the apartment and arrange to get the keys from them.

I think you have pretty much answered your own question.The way I look at it, wholesalers were hard up to find sellers and deals, now they are actively searching for investors....Everyone can find deals now and most Realtors do shorts now.

Their only recourse is to raise fees or assign an assessment which would cause more to walk.

The assessment value is 279, 0000 with land and structure, its on a 5000sq ft lot, with 6 parking spaces.

Louisiana is definitely different :)Be sure you are complying with Act 50 (effective 2017) that made conducting below real estate activities for 3rd parties without a license illegal, yep a criminal offense...  

Its gas and electric all seperate.It sits on about 500o sq ft lot in a Urban neighborhood.Its assessed at 298,000.