Let me investigate a house with your local agent and take photos of the major systems BEFORE YOU MAKE AN OFFER.

.- Any unique approaches or tips that have helped you stand out and attract capital for projects like ours in the California market.Looking forward to hearing your experiences and advice!

There is an unfinished basement which will likely be permitted to convert into an ADU but might trigger the installation of a fire sprinkler system ($30k).

7) What makes you unique as a Sponsor?

Someone with a large portfolio might have a system that works for them and which they have maximized but which might not translate well to your market, your personality or your approach to investing.

Does maintenance factor in replacement costs of the HVAC, Roof, Glass windows, structural piping, Parking lot repaving, sprinkler systems, etc. 

I know there are some unique properties out there. 

Everyone has a unique combination of skills and circumstances. 

Their systems, professionalism, communication & ability to resolve issues that arise when they come up is above anyone else in the industry in my opinion.

Similarly, I am currently depreciating an HVAC system I installed several years ago so wouldn't the remaining undepreciated amount be added to my adjusted (carryover) basis (using either the general or simplified methods) after the exchange is completed?