Keep an eye out for 'loop holes' or alternative perspectives..for example a client recently approached us for financing a 16 Plex.

It's a rabbit hole that will waste all of your time.

An astounding volume of scuff marks and abrasions, nail holes, a ferw actual holes, it is beyond comprehension.

Many holes, large holes, etc might not be normal, but you would be arguing on the meaning of "many" and "large."

Development has already warned me against filling in the ditch but I hadn’t thought of adding a culvert for the drainage.

If you are however approaching each other separately, you may create some holes in either one.

The minor cosmetic renovations such as painting and patching up holes are done.

The covered parking area and patios should have adequate drainage to prevent water accumulation and potential damage.Investment ForecastPurchase Price: $849,900Total NOI over 10 years: $308,782.13Year 10 Value: $1,256,336 (based on a conservative 4% appreciation rate)Annualized return: 6.30%ConclusionWhile this property is poised for appreciation, sustaining it over several years for substantial returns would require substantial financial resources due to high debt servicing costs and negative annual Cash on Cash (CoC) returns.

I would prioritize the drainage issue above all else, If the garage is still usable for the time being I would leave it be for now and try and do it in between renters, that way you can actually potentially profit from it. 

"It's a Hole in the Water that you Pour Money Into."