When there are two different foundations i.e. a deeper house foundation which likely goes down into a basement and a shallower porch foundation they they will move differently and therefore cause cracks in masonry.

The cap just sets to the liner (poking up from the masonry) and you paint the crown sealant on.

I prefer the masonry-screws over standard drywall screws, as they bust through with the least amount of cracking and still grab the lath underneath pretty well.

I haven’t delved deep enough to fully understand their target profit margin, but they do a really beautiful job with all of their rehabs - gleaming hardwood floors, kitchens dressed to the 9s, updated outdoor masonry, etc. which leads me to believe they must be somewhat selective with location (Baltimore still has some 16,000 vacancies) and sure of good resale value.Anyway, the title of the role is ‘Property Research Manager’.

While your newer properties may do well now and may not require 50% of gross rental income for expenses in time you will need a roof, a boiler, a driveway, some masonry work done, etc.. all big ticket expenses that will hurt your cash flow for the year of the repair/upgrade.

Coming from a contractors  point of view...I have a bit of a leg up on my competition because I am tapped in with my local investor population and my masonry company is not what soley makes me money. 

Is the property a masonry building that has been structurally retrofitted to anchor the walls to the roof and/or floor diaphragms?

You think financially building a traditional house from masonry will run me around the same price?

The home inspection revealed severe insect infestation, broken windows, and damaged masonry, plus there is a makeshift set of stairs leading to a loft.

Etc...In my experience, a very rough estimate would be $50-100 per linear foot of height for the masonry work.