@Guido Bertoli a lot to your post here so I will try to answer the items one at a time:1.

This is a way that keeps any of your legal issues or IRS accusations away from your personal items out of reach.Another thing you might want to do is to locate your office that is convenient and has a minimum of distractions.  

You'll need to set up the following new accounts:Asset Account - Escrow at new company (I set my escrow accounts up as bank accounts)Liability - New Mortgage Payable.Let's assume the following balances before the Refi:Escrow account $500Mortgage Payable - $100,000.Long Term Asset - Property - $110,000Let's assume the following balances after the Refi:New Mortgage balance - $350New Mortgage Payable - $130,000Cash out $28,000Closing Costs and Escrow - $2000As you go through the Settlement Statement, you'll pull all of these items out and put them in the following journal entry:Mortgage Payable -      debit    $100,000New Escrow Account - debit   $        350.00 (You'll find this under the settlement statement, usually labeled as so many months of prepayment of insurance and property taxes)New mortgage Payable - credit -                       $130,000Cash/Checking Account   debit   $28,000Loan Amortization Costs -       debit           750.00           This should be only a fee paid as a percentage of the loan.  

Just add the 4 items mentioned above and you'll have your number.

In the event that Seller does not provide the inspection items specified in the contract, within five (5) days of the date of execution, then Buyer's inspection period and Closing date as specified below will extend one additional day for each day of delay.Working with mom and pop, and even companies, getting all of your DD documents can be like pulling teeth.

I would try to jump on a site that has a good lease that captures all the items needed to make sure the tenant follows the rules. 

If not, the attorney should be able to find what is missing, what is a legitimate document, and how to locate what items may be missing.

Addendums for protecting the roof from installed items.

I think you need 3-4% just for maint/repairs, plus $350/unit/year for capital reserves to replace 15-20yr items like roof and mechanicals, plus turnover expenses geared to the vacancy rate.

In my experience with lower end rentals you can easily exceed the 50% rule because it often costs the same to fix an item in a $400/apartment as it does in an $800 apartment.