I'm not sure if I'm simply over complicating this or not.

This is a very popular incentive in the city of columbus where tax abatements can lower taxes by 3k a year. on income of 60k for a traditional triplex that we build that would be lowering operating expenses by 10% if you assume approx 40%. it makes a big difference but I was wondering if anyone has actually seen the benenfits over time from holding these properties or investing in similar areas in urban core adjacent through renovations or new construction. there are benefits to selling them obviously but please comment if this applies to you!! 

This of course pushes "comps" lower and affects the selling price lower of anybody trying to sell.

Just adding a little $0.02, outside of what he said, most banks are not going to be your friend when it comes to this type of construction, or any for that matter. 

This should be 3-5 quotes for you to get an idea of the true number for fixing it. 

This has swayed me against the D class neighborhoods.

I've had rentals for awhile now, but this is the first time something like this has come up. 

I second this.

I would still use a Hard Money Lender for something like this - some have a minimum but you may just have to search for a bit and find one that doesnt.

I heard today that this structure is useless and still can be pierced in the occurrence of a lawsuit.