Totally agree about the access to CTA lines--one of the greatest benefits of living in the city--having a world class, reliable public transportation system at our disposal. 

It is about a system.

I think most people don't understand that our system is called capitalism, and not "employee-ism" for a reason! 

Be sure to get your own estimate for the repairs, comp the property yourself using a system with real numbers.

You can also consider other ideas like buying a high quality air filtration system or suggesting to the tenant that he consume edibles instead of smoking it.

Without a cost segregation study, you would depreciate the $12M over a 39 year period, $307,692 per year.Within this office building, you have assets such as paved parking, specialty electrical, finishes, carpeting, landscaping, sidewalks, office furniture, electrical systems, plumbing systems, etc.

Also research the water system if you are supplying water from a well. 

This is because professional investors and corporations know how to be profitable within the system.

Does this soley depend on the state of the property or has someone developed a system to estimate what additional cash they would need per value of home?

Hi BP family,My name is David Gbamele I live in Greensboro NC and work as an Engineer at CISCO Systems in Research Triangle Park also known as RTP.I've been learning about multifamily for a couple of months now and I am very excited and ready to jump into a deal.I enjoy learning and I work hard and will not waste your time.I would love to take someone out to lunch, dinner, or coffee whatever it takes to get some golden knowledge.If I can add any value to your future goals please let me know.THank you for reading Thank you for reading