You're already buying the asset at a suppressed state.

@Tyler Lingle Hey I do believe with the new Indianapolis building code once you get over 2 units you are required to install a fire suppression system which isn't cheap(10k). 

These guys will suppress a movement so quickly it barely gets known about.

In Arlington TX we have to 1) install fire suppressant systems in each unit (attic suppressant systems in attics), 2) you will also need a "firewall", we use a 1/2 DensGlass application, 3) fire rated decking within four foot of "firewalls", 4)and non-vented soffit within four foot "firewalls."

ADA access, ADA bathrooms, Abestos, Fire suppression, fire hydrants, parking spaces, Ventilation, etc. 

Fixtures are things that are literally bolted to the building such as the fire suppression hood, walk-in cooler, the bar itself, air scrubbers, maybe the HVAC system.

Even though you say you weren't impressed by the data on our website, the information is very true and why most in the PM industry do not use Yelp when deciding on a PM - since you referenced the information, but did not share it, here it is for everyone educating themselves on this forum - "Even though Yelp.com is a popular place for online reviews, Yelp’s ineffective algorithm has been the source of multiple lawsuits due to the suppression of authentic positive reviews, and the website is under increasing scrutiny from the business community as well as consumers"My experience tells me people want all opinions, not just the ones a platform wants them to see.

There are building codes you must meet, you must meet snow loads, wind loads, egress, potential fire suppression, site drainage, parking, there are minimum and maximum height allowances, anything above 3 stories must have fire suppression, anything over 12,000 sq/ft must have fire suppression, if the units touch each other they must be fire blocked, you need 3hr firewalls between each x amount of sq/ft.

Think BUY NOW while demand is suppressed and refinance later. 

Additionally, another "Big ticket item" that is new to the Chicago Building Code requirements as of 2020, is that any new building with 4 or more units will be required to have a fire suppression system (i.e. fire sprinklers)!