You don’t get to just expense the additional real expenses.

All this in addition to 6 other lease violations... 

They will have additional costs for mailing & online campaigns to get leads.

In addition, we pull our own comps and use Lightning Docs to generate our loan documents.

Purchasing the LLC gives you ownership of the property, but it also opens you up to additional legal exposure since the entity has been active, and there is no way to really know for sure what else they used the LLC for.

My best advice is find a place that has a few rooms with square footage to add additional rooms and an ADU.

I intend on sending the tenant a bill for the exact repair cost as "additional rent" (per the lease) instead of evicting in the winter and deducting from the security deposit.

Additionally, trying to spot paint even a white wall with white paint doesn't work, let alone other colors.

In addition, due to the 2 of 5 year rule there often is no need.  2) you cannot 1031 a property that has not been put into service to be an investment property 3) you cannot 1031 a flip.  

With the economy of scale in multifamily, each additional unit nets you a little more than the last, as a rule of thumb.