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Are you the owner of the property? What is your title?

How many units are on the property?

Do you know the occupancy rate of the property?

If you were able to list the top three (3) challenges of managing the property, what would they be?

What class would you rate the property? That is, A, B, C, or D

Do you have a Management Action Plan in place?
If so, is the plan up to date?

Is the property a LIHTC propertydoes the property except section 8 vouchers

Are you current with your taxes, mortgage, and insurance?

Does the owner have an exit strategy in place?

Has the owner considered selling the property?

Apartment Turnaround Questions