Unless I hear differently, I will remove that cost out of my closing amount, and ultimately have them reflected in my first year's cash flow figures

I’d rather spend the time in my area of expertise (software) where I can earn more money per time spent with far less risk.I’m not trying to make a living off of real estate – it’s more to park cash in a tax-efficient vehicle and remove the temptation to spend it on luxury items (let's be honest, I'm not as frugal as many of you ;-) ).

They need to remove everything from the room or at least clear several feet by the walls.

While you could remove these affected areas yourself, due to threat of lawsuit it is probably best to have a professional company do it.Let your tenants know what was found.

When they removed the stove and fixtures you should have send them a notice to cure.

If you have the money, remove all the partitions and keep it as an open basement.

Wallpaper needs to be removed and needs new paint.

Most likely you will need to have it removed.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

[ONLY IF A SHARES EXIST] The option to sell shares to be determined by "A share" holder, president of LLC, otherwise if the president elects per below:Restricted sale provision:Shares of LLC are not marketable except to existing shareholders or to a prospective shareholder if and only if unanimous agreement from the existing shareholders.Selling to new shareholders or selling off a portion or all of the real estate: If shareholder voting is unanimous, a portion of or the entirety of the underlying real estate can be sold to a new shareholder and/or removed from the LLC ownershipLLC shareholder(s) buyout of shareholder: If any existing shareholder desires to dispose of their shares (and the desire is not unanimous as in part 2), they must be offered to existing shareholders at XX% of current assessed tax value of the underlying real estate associated with the shares.