After 2011, as the housing market showed parabolic recovery, the Fed continued the endless QE cycles, making markets so high on easy money, that in 2013, when Fed announced that they will slow down the rate of purchasing (taper purchasing), the market experienced the “taper tantrum”.

, and how long will people continue complying with these endless and progressively brazen impositions to disruptive markets?!

Are there mini-split installers in your area that can work up high on your buildings top floors.What about heat and hot water, how will that be handled.Can the buildings existing plumbing and the line(s) to the main street waste line handle the bathrooms  and kitchen sinks (1952 lines might be cloggy and an endless source of complaint) have sewer scopes been done to see what they look like.Will you be required to put in fire escapes (as well as other modern fire equipment)--has that been budgeted for.Have you talked about tax abatments yet with the governing authority.Does the area show a shortage of apartments, or will it take a long time to fill units when they turn over.Hows the roof (and the real roof underneath--the wooden one), how many layers of roofing are on it, how many can be on it and still get financing.Does it have some unique history, ie. did Frank Sinatra always stay there, people think its haunted, once owned by the Beatles, etc..Who was the last Hotel Chain to Flag it and why did they shut it down (Legionaries Disease, poor economy, expensive structural issues, etc...)Just my 2 cents. 

There are endless motives behind somebody wanting to sell, so we can't get too hung up on why he wants to get a contract now.Everything can be negotiated.

Every time we started finding ourselves spinning the wheels and not getting anywhere with the current strategy, we'd try to come up with another one.Eventually, we decided to pull the trigger and over time, we took advantage of additional opportunities within the endless possibilities of RE investing.

Endless amount of old inventory that needs to be updated.Regardless of where you end up investing, there are deals everywhere and money to be made. 

Don’t worry about taxes, you will have many write-offs due to damage, cost of contractor repairs, revolving door for roommates, and endless keg parties and couch surfing guys. 

Can you keep doing that endlessly, as a strategy to keep getting low-downpayment loans for acquisition? 

Although not entirely a rookie, still very new to this world of endless options for our next RE investment move as well as the various tax strategies to understand & deploy.Please let me know if this would be of interest to you.

It offers endless returns and acts as fixed assets for an extended period.