Best case, you learn a lot, survive financially and trade up.

For properties that need upgrades, rehab or furniture, investors will need the time or team to execute. - Performance expectations.

The trade off being if I want a property I need drive a little to work.

Sec8 is the "Options Trading" of Investment Real Estate. 

I’ve seen many buyers successfully execute this strategy over the years, turning such properties into valuable investments.

In the multi unit buildings I put on lease "Each tenant shares responsibility for removing snow and salting on both walkways and sidewalk infront of property" and I have them initial before we execute lease.

No tax so far I think.2) If I convert that partnership interest into shares in a PUBLICLY traded UPREIT I trigger tax on the deemed sale/exchange of the partnership interest into stock of the REIT?

The asset may be fine, but the budgets are too small to actually execute.  

The revenue and expense categories line up with your Schedule E which makes it a breeze to prepare for filing your taxes and I like the reporting features, too.

Philly: Cobbs Creek between to 55-59th(19139/43)North Kingsessing right by Baltimore or the railroad tracks (19143)Port Richmond between Aramingo to Weikel (19134)North East Philly from Cheltenham Ave to Pennypack Creek (19152, 19111, 19136, 19149)E Mt.