Go the the facebook groups, and wave that contract around.. throw a few knives and guns in the mix, they will kill eachother over the deal, and the remaining ones are the most serious most hungry cash buyers.Also we are working on something Uhmayzing!

We have two furnished units but are looking to perhaps have one be a long-term, non-furnished space, for steady income and one remain as a furnished.

My goal is to research 80%, then the 20% of the remaining questions will come later.

Assuming that maintenance cost less than 1% for the year, I would also add the remaining set-aside for maintenance to reserves at the end of the year. 

However you want to make sure it's a 1st lien you're bidding on, and not a 2nd as anything in line before remains. 

Population and job growth remain stable and there continue to be over $1 billion in development projects (jobs) on the books post pandemic.  

Interest expense - when modeling this in, I would take 50% of my interest expense and subtract out of NOI and the remaining interest expense I would be able to model in as a deduction at my marginal tax rate?

(I budgeted for this in my purchase price)So I see 2 options:1-replacing boiler and radiator:$59002-I thought of taking this opportunity to switch out the boiler only on first floor for a forced air unit, run the ductwork under first floor in basement, and use the first floor radiator upstairs. ( maybe I could sell the remaining ones on CL to recoup some money) I am waiting for an exact estimate but his first thought was in the area of $7000-$7500.

He remains responsible for his loan to the original owner. 

Additionally, make sure that any lien-able service (in my area that would be trash and sewer) remains in the owner's name, otherwise a tenant can skip paying for that service, and you, the owner, will be struck with the bill when they leave.