I understand the concept of making a tenant responsible for small repairs but tenants in nature live paycheck to paycheck mostly so it likely won't get fixed. 

We took him to small claims court and won.

Hi everyone,I’m interested in raising debt for small multifamily deals but I have a few questions about it and how I want it to work with my proposed strategy.One of the things I’m wondering about is how to structure a deal with multiple debt investors and what security they can be offered.  

I uncovered a multitude of issues (mainly cosmetic) but I have a couple of big ticket maintenance issues remaining - a slab drain leak (not supply) which was recently discovered and the home appears to need slight leveling (door jambs tight, small gap on brick outside). 

If you owned ten small multis, each in a different city, I would say it's much more attractive to own all ten in the same city or maybe two at the most.

It's like the lawmakers think every rental property is owned by a billionaire, when in reality most of them are small time landlords who have no rights and can be financially ruined by these tenant friendly laws.Thanks,Christian 

Small town rents, so when building is done, total rent for building will be $3k/mo.

The obvious thought is to not claim any as it is my first property and there will be only around $4k in revenue this year anyway but my thought is that I can potentially claim and increase my taxable income which will raise my Debt/Equity ratio in order to purchase another SFH or small MFH next year.

Its a Triplex in a small city in Wisconsin. 

. - For what it's worth, I am currently in the market for small multifamily deals in the Pittsburgh area.