you are going to need to run the numbers and make a comparison, it's not a matter of preference but a matter of profit in that situation.

I've grown up in Seattle, and like you, found I knew people in almost every field I was going to need.

Risk in that they are estimated to need between $100K and $300K of renovations.  

With a little time and effort you can set the tone for your life.

This will bring the building up to the lot line and will cause us to need to seal the windows affecting some of the apartments.

Thinking about that it didn't make much since for guests to need access to a full bathroom and most people like to have their own master suite they don't have to share with guests.

Thus, I might purposely defer paying property taxes on some units until after the new year (our property taxes are usually due by 2/1 or 3/1 of each year, depending on the county/municipality) if I know I'm going to need that additional deduction, since taxes would be claimed in the calendar year you paid them, or if I know I have enough deductions from rehab projects to essentially be wasting the tax deduction this calendar year.

I think we are going to need some like you to be part of the team.

Restrict your self only to needs and forego wants will add up to savings very quickly.

You're going to need an attorney/title co. anyway for the lags, title search/insurance, etc.