Hard to find a strict A or B-class property in the elderly buildings of Munhall, Homestead, Greenfield, Squirrel Hill.

It could get messy if you didn't focus on strictly doing and minding your own business, with clear goals and exit strategy set.

If you hold out a section of the home strictly for personal use that part will not count towards your 1031 reinvestment requirements. 

I know there are some strict regulations in the area.

I live in PA and there are prety strict sellers disclosure laws . protected for upto 2 years 

Most are routine purchase and rehab projects with enough profit to support the loan amount at 100% LTC, e.g. 100k purchase, 20k rehab, 160k ARV, per lender underwriting standards.  

This is strictly professional to professional partnership.   

I was very impressed with their security, they were so strict.

So, while taking into consideration the age and condition of the damaged item at move in and the time the tenant was renting for is a factor, I personally don't think using a strict IRA depreciation schedule makes sense.

Normally, the cap on seller concessions is 6% of the sale price, but that’s not the case for commercial loans.Here are the trade-offs:5-year stepped prepayment: A typical residential loan at this price point isn’t allowed in the state, but with commercial, those rules are different.20-year amortization: This means higher payments, but it forced me to ensure my deal works under strict terms.Interest rate: It came in at 7.9%, not stellar but still good.Overall, I’m pretty proud of this deal.