There is another option to get control of that floor and I've made suggestions on how to do so...if the present group of owners has not prodded the alternate channels along yet and I'm allowed to manage I'll have lunch/meetings with some people to see if I could push it along so they could circumvent the bank dragging its feet.Regarding the previous Mgmt company, my connections in the local banking community and elsewhere had made comments the manager at the time did not have a stellar reputation and they'd heard plenty of negative feedback from other places he managed.  

Would ove this to become a clearing house of reputable lenders that the newer investors can go to to launch their business.Thanks in advance for helping...

Anyone know of a reputable property manager in Lebanon, PA?

If the property needs to be renovated to be rent ready do not cut corners on the renovations, you do not want to deal with chronic maintenance issues in the long run.Make sure you screen the tenants, the better quality tenant = longer lease term / less turnover, pays on time, and normally will take better care of property.You want to find a transparent and reputable property manager with boots on the ground = this can be a huge factor in having a successful real estate investment.

As long as you're working with a "reputable" organization, it comes down to the knowledge of the person who's taking care of you. 

Vet them well for expertise and reputation.  

@Charles HackneyIf you demonstrate that you cannot close on deals, then you will quickly develop a reputation for that and you won't be able to find anyone willing to work with you.

Lenders usually require a sworn estimate from a reputable GC to determine cost of repairs.

Breglio one last thing, what do you think of "My New Company", seems a reputable on line firm to form entities but just curious if you yourself would choose a live professional over a site like that.  

It is important to find someone reputable.