If only I could sell memories... lolThe best part is she called him to let him know he's way out of her league XD

These activities by a disinterested third party would be considered real estate brokering in my state and require being run through a licensed real estate brokerage.

@Andy Cross PM stands for Property Manager

You stand to work your butt off, improve the building with your funds, hopefully improve the income.  

The sad part is that we like most other people out there are not asking g for something for nothing but the invested have forgotten that at some point in time someone helped them out and took a risk that they are now not willing to to but they still want to concidering themselves "investers".

There are a lot of agents who are members, but don't actually contribute anything so it's hard to know where they stand.

If it can stand alone as its own unit, then it would be wise to separate the utilities but you will first need to check with planning and zoning to see if a third unit is allowed.You may also need to pull a permit to separate off the utilities.

I trusted it would be fine b/c the old GC said the electrician was a stand up guy. 

We do make money and have plenty of fun stories for party conversation!  

I stand by the plan to offer at 5% below the low comparable pricing,  We typically buy short sales at 55% of ARV and have been doing it for years.