I'll try to incorporate that.My personal interest is much more in the buy and hold realm.

Even further north is Rio Rancho, a city unto its own that incorporated in 1981 but still has many structural/governmental ties to Abq. 

You'll have to consider the partnership agreement, articles of incorporation, process service, etc.

I will be incorporating this into my leases. 

Now I am aware and we can move on, but seeing as this is the internet and first impressions are so strong my best bet at getting any further advice would probably be to go back to the drawing board, incorporate what I've learned and rephrase my questions. 

First, since mortgage interest and property taxes now have limited deductibility, would it make more sense to incorporate, even in a pass thru, to retain that deductibility? 

I do a range of things from managing recording artist to graphic designing, AdWords and social media marketing.

A good place to inquire would be the local government program manager (usually in Planning) for TDR.Now, you need to incorporate all this TDR information into the local market values.

That said, I think there is room for creative developers who incorporate elements like microhousing and co-housing and other quasi-shared living situations and who provide the types of amenities millennials want (gyms, dog washes, bocci ball, rooftop gardens, high speed internet, concierge, etc.).  

Roman,The ensuing is a generic due diligence check list that my firm uses for the purchase of a commercial property.Business Financial Supporting Documents: Bank Statements for Proof and Source of Down Payment FundsBusiness Profit & Loss 3 Years Income & Expense Statement 3 Years 36 Months Detailed Business Bank StatementsDebt ScheduleProperty Supporting Documents: Purchase agreementSchedule of tenant leases Copies of tenant leases Property TitleSchedule of Units with Square Foot Per Unit Excel Format Schedule of all major improvements to be made with cost breakdown to subject property Exterior Photos of Subject Property Photos of Parking Lot, Street view Interior Photos of Subject PropertySubject Property Tax Documents with AmountsInsurance Binder with Annual Costs12 Months UtilitiesProperty Income & Expense Statement YTD 12 Months TrailingUse of Proceeds in an Excel Format for Improvements to PropertyGuarantor Supporting Documents: 4506 (T) executed Tri merge credit report for all investors Government issued photo ID copy – Front and Back Full detail personal and business bank statements YTD for 36 Months YTDPersonal financial statement for all guarantors and investors YTD for 12 Months YTD3 Years Federal and State Income Tax Returns for all Guarantors and Investors Articles of Incorporation Schedule of Real Estate OwnedSchedule of Corporations / Businesses OwnedDebt SchedulePersonal Financial StatementIncome & Expense StatementReal Estate Owned Businesses / Corporations OwnedRent RollSchedule of Tenant LeasesImprovement to Subject PropertyBusiness Debts to be ConsolidatedDebt Schedule