If the cash flow is good enough that you are able to handle those constant maintenance issues and still put money in your pocket every month then it sounds like a decent deal.

We have a really good maintenance/renovation guy that can handle all of the repairs that come up.

Allen,From an Insurance perspective, you need to check to see if your current agent can handle the complexes. 

If that all goes well, what is the best way to handle the existing contract? 

If you agent is not an independent agent who handles Commercial Insurance, they may not be familiar with it. 

I would like to discuss whose in your team, different roles, processes, timing, how to handle repairs, etc.

Make sure you have a good handle on your team and processes.

if he doesnt give you time, your attorneys will speak and everyone will lose..ask him if he would be opposed to you handling the move out of the tenant. have him write it into the contract as an adendum..

Finding someone to do this for you could be relatively expensive, so best you contact the city, find out the process and handle yourself.Once you have city approval, you can then hire an architect to design the new structure, or buy plans online.

I have Allied Servicing handle my notes and they charge $18.50 a month.