Stretch your boundaries and your comfort zone, don't jump them.Lastly, if you would not want to live in the area, or building, as a renter, then don't buy the building, nor in the area.

There is a unique tax deduction in the US called a “conservation easement.”It was designed by the IRS to encourage real estate owners to make pristine land, that could be enjoyed by the public, a conservation ground, and thus un-developable.In return, the landowner could treat the act of granting a “conservation easement” as tax-deductible.

Rest assured; the process is designed to be straightforward. 

It's well-designed, easy to navigate, and contains a wealth of useful information.

There are some partnerships that are designed by nature to be short term, so there’s not as much to lose if things don’t turn out rosy.

If they fail to leave, evict based on the habitual lease violations.If you can't figure out how to do this, or don't feel comfortable doing it, then the other option is to allow them to finish their lease and then require them to move out when it ends.

I've noticed investors finding some promising opportunities there despite the current rates, partly because of strong rental demand and growth potential.At the end of the day, it's about aligning with your long-term goals and comfort level.

Was a licensed engineer involved to design to repairs?

There are items required by law and in general those are related to the safety and basic comfort of living. 

We're comfortable with that though as we want assurances that their financials are healthy.