Usually, under adverse possession doctrine the true owner have some period of time in which to come forward - usually this period of time can be quite long like, for example, 10 years.   

I hear you but even assuming that’s true and it stays vacant for a while what have you lost?

I have no idea about true apartment buildings, but I own 2 duplex's and one triplex built in 1925,1925 and 1930.  

I'm going to look into both. if 5% holds true that would not be a problem at all.

Thanks for the reply Justin.I'm going to see the property tomorrow and will investigate the true age of the HVAC units as well as all other major components. 

For me, having a hard time finding a deal, it almost seems too good to be true or as if someone else knows something that I don't. 

If that is true, you are making a greed decision and not a lifestyle decision.

I've heard the same for Little Rock and suspect it should be true for the likes of Wichita, KC, Tulsa, and a few other similar markets.If hot means sustained growth well above the baseline for the country look no further than Dallas, Denver, Phoenix, and Nashville.

@Lindsay Mills-Pimental its all about who you know here..... oh so true 😎

One other negative, and I don't know if this is true for all because I only have one, it is designed to hook up to a hose bib for cleaning.