The windows, roof, electricals, plumbing systems, and gas lines all need major upgrade to bring the property up to date. 

If you rush to get more properties and more cash flow, you generally acquire more headaches so you want to make sure all three of those assets are up-to-date and will appreciate more.

So typically depreciation and expensing of costs usually happen on the placed in service date.

It helps to prevent a tenant from doing what this tenant did and to give you remedies in case the tenant revokes the notice prior to the notified termination date.

When is the latest date we have to provide the notice in order to not have to pay their moving expenses?   

Or pickup dates on Maui.  

Turning an entire neighborhood where over 80% of the homes are new construction dating back to least 2015 till now, over a span of ten 10 years.Building houses is required to initiate a major gentrification process of a neighborhood, but the guy that invented tires didnt invent cars as we see them today.

You should be able to file that partnership tax return as final and pick up any of the income and expenses through the final date of that return. 

If you are doing just buy & hold of rent ready properties without doing any value-add (rehabs), then consider the old adage that you "marry the property but date the rate" meaning you can refinance.

The original annual lease had an end date of 3/31, if that is helpful to know.