The reason for this is that it will allow you set it up exactly the way you want it, to take photos so your cleaners know how it should be set up in the future, take a thorough inventory of everything (which you can attach to the lease as an addendum to make sure your guests don't walk off with any of your items at the end of the lease - it happens and is usually accidental) and you can then create your property manual based on your familiarity with the property.

I usually prefer one with a rounded edge compared to  a pressed bevel; easier to grout IMHO.

I only look for real wood items, no pressed wood junk, I may sand it and stain it, I may put chalk boards on the fronts and sides, maybe granite on the top, I do not go out an purchase these for full retail.

You will be hard pressed to find anything under $200k currently and if that's going to be used as a down payment, you'll have to see if your son qualifies for a loan if you want him to be sole owner. 

It appears that I may have accidentally found myself in the middle of a sociological experiment.Six months ago I bought a primary residence for my wife and I.  

On a four-plex you should have four boilers, four hot water heaters and with no reserves you will be hard-pressed for a solution when something goes wrong.

You'll be hard pressed to find any deals in northern liberties.  

If a tenant accidentally starts a fire in the kitchen, his tenants policy should help you recoup your damages.

I was able to recover most of the item, but much of the damage (stolen electrical fixtures, mirrors, gate, etc. was removed (some of witch broken) and thus had to be re-installed or replaced).I could have pressed charges in this instance, but was happy to just get the keys and the occupants out of my hair, plus, in the heat of the moment, it slipped my mind to have them arrested.As for other cases, so far to date, I have been able to arrange cash for keys and avoid such problems.In your scenario outlined, it would be tough to prove the case.

I'm not sure I would say I have much of a background in Real Estate, I kind of accidentally got into it when I purchased a new home and decided not to sell my old one.