Again, I speak from experience. my limited experince at this is a trier of fact will side with the land owner most all the time.I bought a tax sale prop in CA .. these are tax sales not tax certs. 

With a project this size you want to 100% verify before diving in.

i would recomend this to most new incestoes. 

Its possible in your area that garages and parking are more valuable than units - this is your appreciation. 

Just like professional athletes who still work with coaches to hone their skills, a real estate mentor or coach can provide you with valuable insights, shortcuts, and strategies that can help you avoid mistakes and fast-track your success.

This is pretty clean.Scenario 2:  Your partner has owned the house for 15 years and has been taking accelerated depreciation, so the book value of the house is very low. 

Quote from @Fidel Mercado Gonzalez: Hi Theresa,Thank you for sharing this information—it’s really helpful.

Any tips and information is greatly appreciated thank you! 

What income streams do you have besides REI, or is this it?