Part of being a good employee is knowing when to be sensitive to issues you have no control of or responsibility for.. any questions just say I'd think you could talk with the owner or management. 

In this situation, you're still in control of the title and collecting rent. 

I am 60 years old now and the bulk of my experience was in the construction business doing all kinds of positions from actually doing building, accounting, estimating, and funding control, etc..

You have only so much control over the purchase price - you need a seller willing to agree to your math.

Piggybacking on question 2, how do most people calculate appropriate rent raises on a non-rent controlled property?

Once that's done I'll be in the "sipping cappuccino while gazing upon the Arena de Verona" phase.

Along these same lines, does anyone know if passing on the utility cost to the tenants would count as a 'rent increase' under the new rent control law?

I would still get the previous owner to deliver one unit vacant if you can and check if you're in a rent control area.Also FHA loans have pretty strict rules regarding total rent needed to qualify and price limits.

If you partner into large large projects with other investors, do you have the controlling interest?  

Hello everyone.Just happened to see some of investors here discuss investing in Delaware and I am looking to invest property as well here.