Subtracting only damage that has occurred since you bought the property. 

Hoping someone can explain or walk me through the logic and pros and cons of waiting for 1 to 2 years vs buying something now and potentially trying to exit in three years versus holding it a little longer to tide a bad phase if it does occur.

that occurs on the 2nd Saturday of every month which is mainly composed of out-of-state investors. 

@Amandeep Sawhney Is this a starter thread by BP since there's no location of where this occurred?

However, it occurred to me that once you reach a certain number of properties then the standard amounts don't apply. ( 3-10% vacancy, 5-15% repairs Etc ) For instance if we own 10 properties then the chances that all of them will be vacant at the same time would be slim.

I don't see this brought up much on the forums, but if even new furnaces have issues occur annually, I don't see how this would scale for people with more rentals.

The two out buildings had one that would remain unchanged the other was a easy to see value add.The most extreme and creative value add I ever saw occurred in Germany (near Kalkar). 

I have not personally experienced this but I have heard stories where leaks occurred in the unit above and trickled down to their unit causing issues the owners just couldn't avoid.I'm not saying its a good or bad investment. 

One of which is a 5 unit apartment building that I'm interested in.Buying any decently priced real estate in my area is a rare occurance to begin with, and finding even a duplex for sale is a once every 5 years thing. 

I think the biggest hurdle  in transporting the houses are the permits required and that the transportation has to occur during certain hours late evening early morning only.