The brick construction is a plus for durability, but check for any signs of foundation issues, especially if the property has settled over the years.Be sure to budget for updates to key systems—plumbing and electrical upgrades can be pricey but crucial for tenant safety and modern functionality.

These enhancements significantly increase the property’s functionality, appeal, and income potential, making it a cornerstone of my portfolio.

These enhancements significantly increase the property’s functionality, appeal, and income potential, making it a cornerstone of my portfolio.

These enhancements significantly increase the property’s functionality, appeal, and income potential, making it a cornerstone of my portfolio.

These enhancements significantly increase the property’s functionality, appeal, and income potential, making it a cornerstone of my portfolio.

Exterior structural, structural, functional, cosmetic. ( some variations, but generally true)

More bank accounts will require more accounts to be connected to your accounting software.I personally don't like to have a checking account and savings account for each property(If you have 10 properties, that means 10 checking accounts, 10 savings accounts, 10 account numbers to remember, 10 checkbooks, 10 debit cards, etc)However, it will make using the class function easier when you do your books.Best of luck.

I would say your best bets is a gym as a tenant amenity or a community room that tenants can rent for family functions, parties, etc. 

That you state in your finder's fee contract with the owner that your sole function is Only introducing the buyer or investor to him/her.

You only roll over the 2mm, take a 500k cash out and then claim the 500k sec 121 exemption.You can think of it like taking the 500k off the top, then the remainder functions as a normal 1031 exchange would.