Add to this fact that you will not have access to evaluate the condition of the property prior to sale unless you illegally break into it.

I generally have all my drains and sinks snaked prior to a move in.

Funny enough, prior to 1986 this rule didn't exist, and you could write off losses from rentals on w2 income.

However, do you feel it's necessary to have a preliminary title report prior to making an offer?

Given that time cannot be altered with current technology, the AIO focuses on #2, method of calculation and thats how it gets your debt paid off quickly.The prior Status Quo was to focus only on rate but we found out quickly that fixed 30 year loans have their pros and cons as well like anything in life.Hope that helps.    

Also, de-escalating rates into Q4 23 to get Fed Funds closer to 2% by June-Aug '24 prior to election.

The other issue is condos built prior to 1978 in Los Angeles are likely subject to LA Rent Control.

I haven't found any guidance from the IRS that says that Schedule E can or can't be used for rental income from a property you don't own, but the Schedule E instructions and related guidance all seems to be based on the assumption that you own the property. 

One of the apartments is a finished basement; so it is unlikely that the property was operating as a 4 unit asset prior to 1971.

@Ian VerzoniWas there a shortage from prior year?