Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

We also have several levels of housing. 

My advice would be to assess your risk level (I personally love risk.

Since you need to make some improvements to get the rents to market levels, it could make sense for you to inform all of the tenants you will not be renewing their leases so you can fix all of the units at once and then get them rented. 

There is some gray area here from the seller's perspective as not all brokers operate at the same level as I do. 

You are overreacting to an embarrassing level.

I believe both Columbus and CCA tax off of income so the income wouldn't be includable on the return where it's not present (100% apportionment to CCA).It's very important to note that not all jurisdictions in Ohio tax at the local level and there's not a ton of rhyme or reason as to why outside of bigger localities being more likely to do it usually.

Is it worth the money to level the concrete in the basement of a future rental?

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