Would you be familiar about depreciation repayment as the fire was since December and i have researched that sometimes/more likely the new owner can claim depreciation payout because the prosperity have been sitting empty since december 2017 (since fire occur)  and under more damage from weather, etc.

I hear that the weather is pretty intense this spring, how long have you worked in real estate law?

Hi everyone,I'm looking at a small multifamily property just east of downtown Clearwater, and I am hoping to get some feedback on the local market from anyone familiar with the area (demographics, forecasts, etc.). 

If you buy right you should be able to weather a set back in rents.

and you can more easily weather hard times if/when they come. 

The principal left on the mortgage is roughly 390k and the forecasted appreciation value for next year is over 500k.

Rentals, especially in this market, will typically rise in value over time plus you have tenant income providing cash flow to weather a storm which will eventually happen. 

The windows had to be boarded up and secured against the weather, and Christmas Eve was a little cold by the time we got there.We had to find new windows or get these fixed by January 2nd.  

Not sure with the colder weather but if the price is good you can roll the dice. 

My view is that prices are higher than they should be and I want some ca$h to weather the next storm (and hopefully come out on top).If this is one of your first properties, I can almost assure you that it won't be a 'forever' property.