often one element stops working causing the hot water to not last long enough, its a easy fix as long as the element is not seized in the tank.

You can screen well, but as long as the human element is there, you could run into anything. 

When I am out of my element, I turn to professionals that specialize in that field.

One element I would like to add is risk management.

K.Marie, I no longer do any marketing and my marketing experience is in another business, but when I did market, I found that a key element is Branding.

Here the isolated element is the NOI and it is also a leading factor.

It is very active and you should receive lots of responses.Now, the element I would highly recommend is determining your EXIT STRATEGY. 

Refer to this once you start fooling around inside the dryer.A bad heating element is pretty easy to find with an ohmmeter; open circuit = bad. 

The holding period of a separate element placed in service before the entire section 1250 property is finished starts on the first day of the month that the separate element is placed in service.The holding period for each separate improvement qualifying as a separate element starts on the day after the improvement is acquired or, for improvements constructed, reconstructed, or erected, the first day of the month that the improvement is placed in service.The holding period for each improvement not qualifying as a separate element takes the holding period of the basic property.

I see this parking spot as a common element-part of the property but deeded to no particular unit, so not a limited common element.  I