It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

He claimed his partner was stealing from the company and therefore he does not have the funds to complete the work. 

(adding 2 floors complete re-purpose) The builder claims that the improvements will more than make up for the poor cash flow by improving the value of the property substantially.

I would recommend for you to do the new parking lot and driveways and claim 100% bonus depreciation on that.  

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

Worth making an insurance claim?

She claimed that someone threw a rock and broke the windows, in the meantime, my handyman was in the neighborhood and witnessed her breaking the windows and threw out clothes, it seemed like she was fighting  with her husband. 

Thats why I thought we would have loss’s to claim on them.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

I also put all medical expenses on a separate credit card to track my HSA expenses.