Any advice is greatly appreciated.David,Here's what I do for my multi-family buyers:Yes it is hard to estimate for maintenance because of a lot of variablesBut I know its expense is less for more units, for things like 16+ unit buildings, onsite maintenance room for storage materials, onsite employees use less hours to do work ordersSome entities even volunteer their residents to pick up grounds, hence minimizing your maintenance costsIf hdsupply.com accepts your account they specialize in multi-family buildings and you don't have to use man power for delivery or pickups And yes, you can do analysis paralysis but it might help you the bank's formula DCRThe 1031 buyers look at expenses differently Yes there's a number per door, e.g. if the units have been neglected you will spend at least one month's rent in turn ready unit expense    An organized well lubricated team should turn ready units in 2-3 daysPay close attention to the human factor, i.e. low self-esteem employees who will take longer to turn ready units or do work orders with poorly workmanship, theft, etc In capital expenses, concentrate in a few and more expensive to start with, AC, plumbing, electrical

I found one but the website says they are not accepting new members. 

When you buy turnkey, you are paying someone else for having done that service for you and they will not happily accept less for the work they are doing.

He tested them and said they were fine and wrote it on paper.

Now, this is by no means a doom and gloom warning and these are just projections, but I think it is important for investors to take some time to stress test their portfolios with that scenario.  

Accepting higher rents, applying a credit is a financing agreement. 6.

Most IRA custodians who accept single member LLCs as IRA investments will require that you appoint some kind of special advisor (licensed CPA or attorney) who will review all the transactions of the LLC to make sure there are not any prohibited transactions happening.

What should my back-out acceptance value be? 

As an agent, if someone submits an offer on my listing, I will advise a client not to accept long "inspection" periods.

The inspector did point out some evidence of water damage on the ceiling and stated it might be from the upstairs bathroom...it tested negative for moisture but probably bc the unit was vacant at the time.