With the money, the Cohens amassed a portfolio of 79 apartment buildings and 34 single-family homes, totaling 1,674 units, according to a court document.But the Chicago investments suffered big losses, and EquityBuild’s fundraising program turned into a Ponzi scheme, the SEC alleges, with money from new investors used to pay off earlier ones.

Maine has the efficiency Maine program, of course, which can reimburse for some energy upgrades.

They will service loans under 70k and if this is for an LLC they have great terms for their portfolio loan program. 

@Travis KemperOnce you leave your employer, you'll be able to transfer those 401k assets to something that will give you more control and the ability to invest into real estate.

if the owner is paying the utilities , go count the meters and verfy that the buildings are legal 9 families, there should also a public landing meter for each building for the hallways and out door lighting . i dont know what state your in but also make sure the tenants aren't on some sort of programs where the landlord is required pay the utilities to have the tenants .

I add a 10% repair in every month.Utilities look low for amount of units also lawn and garbage and pest control could be more I'm in maine I pay heat......It's better to be conservative also for my banker I have to have 1.25 dept to loan ratio

You pay a little higher rate for a 30 year but you gain control of the situation for that cost. 

In addition the GP can always make the call that now is not the time to sell.. or have a vote.. only one that would control an exit in reality is if the bank called the loan and you could not refi..

It takes away from property owners rights Rent control is a ham-handed manipulation of the marketplace, which will inhibit development and investment, and have the exact opposite result intended.

One thing I was thinking was I just take control of the property from her.