While your exact cost will depend on your market, I have a GC client in Columbus OH that is building triplexes at just under $200/SF.

@Dmitriy Fomichenko, exactly!  

Be sure you are comfortable with the math and know exactly how much you should be getting depending on how the property performs at different levels.  

With this strategy, we knew exactly how each house was operating and we could intervene or change leadership of the house if necessary to assure operations were going as we expected. 

Funny, my state looks at all of the states taking property rights away from owners and then passes laws that do the exact opposite- it's a great marketing strategy.

What questions should I ask to understand the property’s condition and the heir’s willingness to sell?

, 2) it manages the properties directly so there are many hands in the cookie jar, and 3) how/when/impact if "they" decide to liquidate properties and what would be the exact impact to me? 

She keeps the apt in an immaculate condition.

I found similar patterns between all 5 companies: namely, they had taken on too many units, were over-charging me for things I didn't need, and weren't handling issues correctly (they would send out vendors who didn't know what they were doing, mis-diagnose issues etc.)No disrespect to the PMs on this chain or BP in general, but any third-party manager won't perform exactly the way you would like them to simply because of the constraints they are faced with as far as having so many units and owners to keep tabs on. 

Exactly.