Yea, mold is way overblown unless you got that concrete eating mold.

If you're looking for LTRs, finding deals that cashflow without a massive downpayment is hard along the coastal towns.

Thats what I did with some land I had in Rohnert park that we had a massive gain on based on path of progress in CA.. bought for 30k in 97 and sold for little over 2 mil in 2019 .. this allow my two other partners and me to 1031 which we needed to do since we had basically a zero basis.

For example, any expenditures on carpeting will go into a different depreciation bucket than concrete sidewalks.The harder part is the cost segregation of the original structure and you can follow one of the half-dozen ways the IRS allows you to do cost segregation.

Out of state and PM intensive don't always go well together unless you have experience or a concrete plan.Akron as a whole I do believe to be a great cashflow market even in these days of little cashflow.

I'll show you concrete examples.Real estate is inherently tax-efficient. 

How much concrete, asphalt or rock parking is around the facility? 

Precast concrete is a low margin business overall but seeing as this is very special, it would be more that simple stock tanks and the like.I would go for in-ground all the way.

Downtown exploded with 30 story Towers as the Mayor did all she could to turn that into a Concrete Jungle where everybody can work online from their expensive apartments and walk to all the stores and fancy restaurants.

Construction is primarily concrete block so not as expense as lumber.