Dead space in attics, basements, breezeways and covered parking can be a boon to the bottom line on rents AND future sales.  

Calling all experienced Syndicators here.For Foreign Multi Family Investors, how can they tell the difference between a C property and a D one, just by looking at pictures on Loopnet?

Although, workers told me that he was always checking what they were doing and wasn't happy that the outside camera got covered, even though it was for the time to apply the paint and then it was removed.He reported the fridge was dead and also figured that a smell of sewer gas in the MB is due to a P-trap that was not installed when the sinks were changed.

My C ... well thats a different story, I'm thinking about just selling it because of so much problems and I don't have enough cash flow to cover it all, otherwise I might do the BRRRR strategy (just found out about it) if i can find some private lenders. 

Apologies for the long rambling but wanted to give a full picture.

Thanks and apologize if this has already been covered some place else. 

Is the added income you make worth it, or is the higher rent more than covering that (current use and future repairs/replace)?

I wanted to cover a couple aspects and see if anyone can help tie up loose ends.

Over 27 years for example you are likely to need to cover over 75K+ in expenses, whereas at 5% of receipts and 3% rent growth rate starting at 900/mo you're only likely to reserve 20K....so your reserves should be closer to 20%.

If i don't pay anything for the audit defense, then I do not have a deduction.Furthermore, if the CPA made an error that resulted in additional tax and interest/penalties, then I would pay the extra tax but expect the CPA to cover the interest/penalties.