If you try to do this yourself from NYC, you will most likely be burned....100%.

Many people do this kind of work, but it's so easy to get burned.

On January 15th my tenant with a (double lung transplant) decided to smoke in bed leading to burning my entire 4 unit building making it uninhabitable.

If they need a lot of repairs best to get them knocked out early and with financing so it doesn’t burn a hole in your CF.

If the OP were to make an investment on the basis of using depreciation to avoid a tax hit now with the expectation of being able to delay recapture later with a vehicle that has a strong chance of being eliminated before he gets there he will get burned badly.

Most of the realtors I know use Burns Estate Liquidator

Usually "those" owners come back around once they've been burned by the 3 other bad PMs, or they sell the property because they are too cheap to hire good property management. 

I was notified 2 days ago they burned the house down (accidentally) with their air fryer.

I have had many clients get burned by not following the chain of command in similar situations.

Seriously consider buying John Burns research report......it's a must-have for serious investor.