., @Paul Younger, @Diane Stinebaugh, @Holly Hamilton, @Jorge Rios, @Jackie Perkins, @Lacy Langley, @Michael Ward, @Jeff Ahern, @Bill Fugitt, @Devon C., @Lucien Gautreau, @Josh Vines, @Teague Anderson, @Zack Thomas, @Andrew Cosby, @Breanne Lancaster, @Mike Wood, @Randy Thomason, @Jessica Hawkins

So the inspection just came back showing the following issues: - Mold in a few interior rooms- Evidence of rodents- Original roof requires repair, replacement and/or evaluation - there are active leaks in the attic - 7 out of 8 water heaters need replacing at any moment ($5600 total estimated)- 5 out of 8 A/C units need replacing at any moment ($25K total estimated)- A bunch of minor things need to be fixed, i.e.

I'm currently a sole proprietor, not a C-corp.

If prices drop you’ll have people that bought at potentials a top in the market that cannot sell and b/c that will try not to sell.

And then there's no guarantee you'll even benefit from depreciation as IRC Sec 280A(c)(5) applies to a vanilla "house hack". 

Moderate to large Multi-Family buildings and complexes of the B and C class with value add potential, deferred maintenance, tenant issues and or management problems in the Hampton Roads area of Virginia and Greeensvile SC

Other things like property depreciation are less of a concern b/c it's all paper losses unless you sell it.

just sayin'.To respond to your query--lower-income (C- to D-) areas are a crapy crap-shoot. 

Here's what the MA law says:(g) fail to return to the tenant the security deposit or balance thereof to which the tenant is entitled after deducting any sums in accordance with M.G.L. c. 186, § 15B, together with interest, within thirty days after termination of occupancy under a tenancy-at-will agreement or the end of the tenancy as specified in a valid written rental agreement; The thirty days starts at the point of termination based on their notice given or the termination point in a written rental agreement.

You may choose to do more like 5 or 6 months if your portfolio is only a few units or your equipment age (like water heaters, A/C or furnaces)