If these issues are persistent, it could affect your rental income and tenant satisfaction.Long-Term Investment Goals: Reflect on your long-term investment goals.

You are going to have "seasoning" issues trying to take cash out.

Hi Jose - sharing a link to this article I published last year on BP on all about DSCR Loans https://www.biggerpockets.com/blog/multifamily-dscr-loansI also posted a piece on this (companion to a youtube video on our channel) this week on the Private Lending forum - https://www.biggerpockets.com/forums/49/topics/1184943-multi...Key is how many units you are looking at:In these forums - A common question among real estate investors that want to get into the multifamily investing space is how to get financing.

A common source of Subject To deals is people in distress (foreclosure) who have a pending sale date.

Zoning should not be too much of an issues, but uses may alter parking requirements. 

Just wondering what the implications are of changing a single member LLC to a multiple member LLC as far as current depreciation, basis, carry forward losses and any other issues. 

There's a ton of information available on these forums if you're ever unsure about anything, take a look around, chances are another person has encountered the same issues and share their experiences on here.

I-if it's "big expense", I get ahead of this issue by whipping out a receipt book (you can buy one at any store like Target, Wal-Mart, Staples, Office Depot, etc) and jot down the work that was performed, materials, hours, amount of people, other expenses, etc.

If so, would this still cause issue with the S-Corp tax rules?

We're part of a STR mastermind, and I can tell you more often than not STR operators have at least one arbitrage property, so it's pretty common!