Buying a C-class fixer-upper will give you some short term relief on property taxes.

IN practice during the GFC banks did not do this.. just like they had a gov. mandated moratorium on 1099C debt relief filings... now though that is done and that is a rude awakening to many folks who think they can just walk.

In theory you could also recover 1/6th of the CAM costs, too, but in my very limited experience with mixed use, the first floor commercial could very well push back on that, since they very well may not be utilizing almost any of the common area, depending on building layout.CAM would come from any number of places, commonly:Cleaning and utilities for any common lobby.Window cleaning for the buildingParking lot maintenanceLandscapingCommon HVAC maintenance, i.e. if a single furnace heats multiple spacesUltimately, you will want to be talking with either a commercial leasing agent or an attorney that specializes on commercial leases.One thing to note, while NNN leases are generally great, there is certainly work for you on a semi consistent basis, in creating the monthly escrow amounts and annual reconciliation.  

While it appears to be a clear cut case of negligence, getting financial relief can be more challenging.

https://www.phila.gov/services/property-lots-housing/property-taxes/get-real-estate-tax-relief/get-the-homestead-exemption/

However, as a landlord, I'm apprehensive about the potential hurdles it might bring.For tenants like myself, the proposal is a significant relief.

Two weeks before we were notified about cutting off distributions he gave us a pitch to donate to his Hawaii relief fund.

For many agents it can be a sigh of relief, as we no longer have to compete with incompetent family members for business 4.

Mortgage rates are finally seeing some relief!

Once I explain our process, the relief that washes over them is magical.Here's how we handle it:We charge an admin fee for breaking the lease.The tenant remains responsible for rent and utilities until a new tenant moves in.We take on the burden of marketing, showing the property, and screening new tenants.