Apartment Improvements Upon Purchase

[Justin Hertzog]

I'm analyzing an apartment to purchase and there are some deferred maintenance items that will likely be pretty spendy in a few years. At least $40,000+. Does anybody have any advice on structuring deals to get these taken care of at the time of purchase or good ways to plan for them? Right now I'm using my own funds for down payments and have not used outside investors yet. I'm just curious if there are any strategies that I might not know or be thinking of.