@Vince FutiaDepending on the type of building you have, and local laws, you can look into doing data/telecommunications antenna lease to a communications company, since bandwidth is needed more and more. 

As long as you are taking immediate action and communicating status frequently with the effected tenants, you should be good to go.As a gesture, consider a gift card at the local grocery and be sure to sayThank you for your cooperation and understanding!

You will love all the information and communication you will find here.  

My question is about how you would communication a rent increase to a tenant I inherited when I purchased a property.The Duplex is located in an ‘A’ neighborhood and both sides were occupied by long term tenants when we closed. 

Let's communicate.

I even use Skype and TeamViewer to communicate with clients so I'd highly recommend looking for one of the best with great references that interviews well with you.So look for someone you can connect with that works out for your situation.Feel free to ask here if you have questions

It will be THAT person's responsibility to communicate the content of the documents to them and secure their understanding.At the very least, such a person will likely need to have the tenants' power of attorney.

.- Some banks are just plain hard to work with and they don't communicate well.

I even use Skype and TeamViewer to communicate with clients so I'd highly recommend looking for one of the best with great references that interviews well with you.So look for someone you can connect with that works out for your situation.Feel free to ask here if you have questions.If you need a direct referral feel free to PM me as I have a name or two I can give out.

With $900,000 purchase price you would need the following:$225,000 - down payment $13,500 - Points $37,125 - 6 month of payments @ 11% (paid monthly) $800 - loan docks $276,425 - Total Funds required (some or all of this funds can come from the partner or the 2nd loan)Assuming that renovation costs is $127,000 the refurbished property would have to sell for around $1,285,000 price for a flip to be safe and profitable.