I did a quick calculation, estimating the remaining lifespan and cost to replace of the primary components in each property (roof, furnace, etc...).

You do not want to get in a situation where one investor owns the majority of properties and controls the building and can force the remaining owners to sell at market price (regardless of loss) to convert the building into apartments.Gavin

Remain friendly and even show some empathy....

The only stipulation is that the homes remain in the park for a negotiated time period. 

I have to remain in the Bay Area for the next 7 years.  

Expenses are always debatable, but what about property condition, remaining life expectation of major components and after repair value?

I know the property manager and he told me that the unit has remained rented for many years.

I plan for HQ to remain in PA for now, but in the future I desire to expand to a national level and meet great investors with great experience to build relationships with and expand!

Seller is agreeing to carry back 5% second of 400k fixed with a 30 year amortization for 2 years.Sellers comment to listing broker is they are worried that total price at closing will cause them to realize a gain on the 400k note they are taking back even if they have not collected it yet.Seller would be 1031 exchanging remaining sales proceeds.

As it's Owner Live-In I'm partial to remain in the Elmwood/Allen/Chippewa neighborhoods, but since I work at Rich Products anyway looking for personal thoughts on areas around the West Side in terms of:A.