Minor repairs are the tenants responsibility but I want control over what is installed in my home.  

So I lost the deal, but i understood why ultimately someone came with all cash at a higher price. 

You know you gotta pay rents.......LOLA larger office complex will be much different than a single building.Common areas can be an issue as to maintenance, who controls the HVAC?

Remember you don't have to own a property to control it.Download BP’s newest book here some good due diligence in Chapter 10.

You can control insurance expenses by adjusting your level of coverage.

Question: How can I control the property & keep the exiting HELOC in place but prevent the seller from utilizing additional credit from the HELOC?

If you lost track the total is 4 one-bedroom apartments and 1 two-bedroom apartment.Things that went great: 1.I gained experience framing, wiring, dry-walling, and plumbing, on five apartment units. 2.Several members of my family and I had a place to live for twenty years. 3.Maintaining the property over couple decades made me a better carpenter by exposing some minor things I could have built better the first time.

Get better at estimating the deal, this business is won and lost in aqusition.  

If your purchasing properties in a local business entity you will have more control over your tax structure and more financing options.It is always a pleasure to network with new investors so feel free to connect with me and if I can be of any assistance let me know.

Please let us know if you would like us to consider this as we have an older system that is not user friendly, and we would expect that it would require a number of programming hours and quality control hours to develop."