But I'm not an inspector.It's a cape and the second floor isn't heated and is used for storage.

I think what's important here is whether or not the repair was a cap ex repair (full roof, full siding, furnance, ect) or a series of small repair (carpet in one room, paint in one room, light fixtures in a couple rooms).If it's a big ticket repair then it gets depreciated. 

You can’t “wait 9 months to build a cap-ex holdback” when there’s a leak in the roof 🤷🏻‍♂️

We will work with a CAP soon.

Like if you don't know what a "cap rate" is, search for it and then look through the Blog Posts.

(Just a cap rate.)Crazy Math Skills: I teach advanced algebra. 

The 3rd party fee's can also be very high for CMBS (mostly because of borrower counsel) - Well's has a capped program at $25k which is low compared the industry standard of a $30k-$50k deposit.

A cap rate obtained from the "listed" property may not accurately reflect the market.

The Property: 1) is 100% occupied with about 15 tenants (of all sorts) 2) has a cap rate at about 8.0% at last ask. 3) is 3 stories is in what I consider to be a good location 4) has an elevator and 40+ parking spots is more than 15k sq ft but less than 20k sq ft. 

You might try asking for what I got from my one of my lenders,  they offered a 15 year note on a 5 year ARM with a cap of a 3% rise in rates.