Based off my experience working turnover at a large apartment complex, we assessed cleaning damages two ways.

Instead of a simple transaction, you decide to shield yourself with a complex legal structure.

Office space in NYC is a very particular sample.I would also argue that unsophisticated investors would typically not have the means to engage in repositioning an apartment complex.

Two years ago one of the condo units in the complex was foreclosed upon and sold for less than half what I would expect to see.

You may not be as attuned to local trends, nuances, or potential pitfalls.Distance Management: Managing a property from afar can be more complex.

Cheers mate,I've said it so many times before.Who is not happy from within, will never be happy with anything or anyone else.Many unhappy folks look for a victim, be it in their personal life or a business.Like a drug to an addict.They thrive on drama, disputes, problems, arguments, etc...Simplicity, common sense, higher moral thinking aren't an option.Procrastination, fear, complexity, disagreement, doubt, jealousy, greed, etc... is what drives most of their psyche.I've had thousands of investor calls over the years and can literally predict exactly what to expect based on demographic, culture, nationality, age, etc... and by listening to the questions.But sometimes, I read it wrong like in this instance. 

I know there has been some recent lower end apartment complexes in the area that have been bought and refaced which has helped change the look of the area but there is many duplex style homes scattered on Century 21st Dr along with Ivey Rd that increase foot traffic in the area.

real estate and facebook ads can be complex as they block a lot of them.

However, it's important to consider the risks involved, including over-leveraging, the costs associated with rehab, potential vacancies, and the complexities of managing multiple rental properties.Given your conservative investment approach, it's essential to carefully assess these factors and perhaps start with one additional property to get a feel for the process before scaling up.

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and handling multi-entity structures.