Not sure if it matters, but the whole building and all units have a fire suppression system and other things needed for a commercial building since the 1st two floors are commercial, the city made us make the entire building outfitted with a fire suppression system and wireless notification.

What fixtures are there already: hood/fire suppression, walking cooler/freezer?  

With the market the way it is, selling a property just to buy another is probably an expensive option, especially in Huntsville which seems to have suppressed returns right now (I've only analyzed a handful of deals from there though). 

Been there done that.Our town decided that all multi's required a fire safety audit & the Fire Sprinkler System we were required to instal eliminated the need for many expensive tedious upgrades to 'suppress' a raging fire.

However, developers can sometimes overbuild such that all of their new apartments suppress rents and occupancies of their competition.

Local laws can not suppress HUD regulations.  

Attached items such a walk in coolers, fire suppression systems, hoods, power vents , sinks and the likes are part on the building and remain.   6) If a TA is needed to get the lease signed and you desire to give one I would give them 1-4 months without rent.

If you are a long term Buy & Hold Investor, there is now reason not to lock in (Artificially Suppressed Interest Rates/FED) current rates and minimize issues down the road (3.

The uncertainty of the stock-market combined with historically low interest rates, which are suppressing bond yields, leaves people questioning, “Where to invest to generate a reliable income stream?”

I would install automatic fire suppression canisters on the stove (about $60) so should someone leaves a pot boiling on the stove, a fire won't get passed that point (https://www.youtube.com/watch?