Lowering expenses, and increasing income is going to lead to value increase in your property especially since it is commercial multifamily, so really any kind of optimization that you can do should be welcomed. 

It also helps me understand how to optimize my portfolio, how to capitalize on opportunities, and how to avoid mistakes.

Discover the proven strategies and techniques used to determine the optimal rental price, ensuring the attraction of high-quality tenants and the maximization of rental returns.

You could scramble right now to try to estimate your tax liability/refund before the end of the year with a CPA and take steps to optimize them, but this will be challenging in such a short period to execute.  

Perhaps the wording isn't optimized. 

It would be very similar to a ‘credit’ partner or ‘experience’ partner when getting optimal rate and terms on a loan, except in this case you would be a member of the entity in question.

@Yeury Galva generally with rentals it's smarter to optimize for durability than luxury.

I started one to help STR hosts (free to use):ChatGPT - STR Property Optimizer (openai.com)The focus is on discount pricing strategies right now.  

I would wait until you're able to contribute at least $500 a month towards it.Also, the design of the policy needs to be optimized properly. 

But the good news is that if you find a great CPA to work with, they can utilize tax optimization strategies that help save you money.