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!! 

Why not save more money and look at higher value properties?

Even if you aren't a property management company, you can still use platforms like AppFolio, Yardi, Buildium, and so on.Excel makes it too easy to forget something.

What's the zip code of the property?

@Jason Munns, are you looking to buy investment properties in the U.S. or Canada?

Until now I've focused on distressed single-family and small multi-family properties for rehab into rentals (BRRRR).

I think Indy is a great diversity of communities and properties, so anything you would like should be here. 

Raise the $600K, do the pre-development work, then “sell” the property to NewCo.  

Does anyone have strategy recommendations for purchasing multi-family properties with zero-low downpayments?

My family worked with an agent to look for properties in the selected area that my father had known is going to become a prime location in the next 5 years.