The situation was ultimately resolved, though, I wished that RDU had started with a solution-oriented disposition which favored the resident experience.The first embers of deteriorating communication from RDU began about mid-2017.

Blowing in insulation to the attic on receipt will pay for itself.If it is a masonry structure there can be a whole host of nightmares surrounding deteriorating brick, especially around windows.

However, I made the argument to listing agent that they should want to spend the money at the very least to simply drain the basement water out since it's still an asset that is slowly deteriorating and losing value every day that the water sits there and investors/buyers will not want to take a risk on a property with a question mark like that.

However, I made the argument to listing agent that they should want to spend the money at the very least to simply drain the basement water out since it's still an asset that is slowly deteriorating and losing value every day that the water sits there and investors/buyers will not want to take a risk on a property with a question mark like that.

The chimney bricks need to be repaired and re-pointed where the mortar is missing or deteriorated.

Now you have a non revenue generating lot AND abandoned property on your hands that has more likely than not deteriorated since the last time you held title.

There will eventually be some overlap as older units deteriorate and become low income units if the owners defer maintenance and don't maintain their rent price levels.

Don't stress over vacancy though (unless you're in a deteriorating market).

Things deteriorate and they keep believing they will "make it right".

If he wants the building to demo and redevelop, then he can choose to let his units stay vacant (or put some tenants in - this scenario works either way) and then let the building deteriorate until the other units are undesirable for rentals and devalued for purchases.