High risk of lawyers buying a unit, tearing it apart, finding one thing not to code, getting the rest of the condo owners to sign on to a class action lawsuit and hood every subcontractor, builder, architect hostage for an insurance settlement.

The wear and tear of the vehicle would be a concern.    

I walk through make sure that there is no obvious signs of damage, anything beyond wear and tear. 

I'm sure this is the same question asked a million times over, tear me a new one if you must.

Sounds like we cant do the tear down method to avoid capital gains.

He and his partner have been the source of tear down lots the last 20 years for 80% of the Builders from Kennedy Ave.

However Outlast is a much superior product compared to good old laminate we usually tear out, which swells around the edges when mopped wet and also looks shiny.  

Rental grade renovations tend to cost less than flipper renovations because renters will do more wear and tear so you don't want to spend a lot of money on high end things that you need to fix or replace.

When I see rust eating at welds like this I wonder how much of the problem comes from the management company (Rust never sleeps).A maintenance tech scheduled for some time with a wire brush and some Rustoleum could have saved this expensive cement tread stairway.Now it a welder (if it's salvageable) and the Rustolem, plus the cost to construct that ugly unpainted wood bridging system, and tear it down.And despite all of the drama that's going on, Mrs Kitty still has her favorite spot in the shade next to her food and water--a natural foe to garbage rats.

If a tenant provided a portion of the SD I'd deduct for wear and tear and pay them that amount.