You will want to check with your accountant, however, because you will have some tax considerations.

So check with your local banks would be a good start IMO.Good luck!

(online payment, venmo, cash/check, etc).Please provide proof of utilities paid on time and in good standing for water/sewer and trash/recycling.Are there any unresolved tenant disputes, outstanding repair requests, or complaints from any existing tenants?

@Jim Stanley, @Alan Asriants is providing some strong feedback on 1st steps which you already are making happen by checking out the place next week.

I have my theories and if you follow me on YouTube you know my take on it why this is happening, but I'd like to get my logic checked and hear some other people chime in: why do you think this is happening?

Now of course for a new build, or a major remodel, you will have to get an Architect and an Engineered set of plans, and submit plans to the City and a Plan Check company.

Thanks for the tip, I'll check it out!

This means I provide balance and keeps everything in check. 

You need to check out your team better.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best