They are not thinking about long term values just park money safe for income.Every one of my clients situation is different so they go to my site and fill out a form and once I review I set up a call.

This is particularly useful if you find a lower-cost property that needs some updates to attract high-quality tenants.Reverse Exchanges and Parking Arrangements: If you spot a great investment opportunity before selling your current property, consider using a reverse exchange.

Hi,I'm wondering what the official term for this type of deal.

A lot to unpack but my overriding 'advice' for what it is worth is to make sure you seperate the values of the park and the tri plex and analyze independantly. 

You can deduct the cost of labor and parts to maintain or repair your business assets, as long as the expense doesn’t prolong the useful life of the asset or increase the value of the asset.Tangible Property Repair Expenses That Are Deductible:Replacement of LightingRoof repairsResurfaced external or interior floorsResurfaced parking lotsInterior or exterior paintingReplacement of doors and windowsRekey locks

Sort of like a fishing village, but great beaches, parks, etc. 

I've seen this systematically now particular in Philadelphia where appraisals or official Arv's are above realistic market value.  

I have experience working with Minneapolis, St Paul, Columbia Heights, Falcon Heights, and indirectly St Louis Park, Hopkins, and a few other municipalities.

The unit is in a large, multifamily complex with subterranean parking.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.