Buying older property for cash flow

[Marcus ONG]

Hi

I found some multifamily properties in the AZ area that gives pretty good cash flow.

However, they are pretty old and is generally more than 27 years old.

Increased maintenance aside ( I will have to engage a professional inspector to advise me as I am not familiar with the building code and on top of that I am not present locally), I am concern that I am unable to use the depreciation to offset the profit and the taxation will eat significantly into my profit.

Would appreciate if I get can some opinion on the matter.

Thank you in advance.

Marcus