Some other information is this property does have Central Air system.

In Florida as long as your licensed you can do lease option Assignments all day as a principalIf you act as a fiduciary then what if the tenant buyer doesn't get financing for some reasonI  use a RMLO to check on their ability to repay, costs 1 %I also use our credit improvement company to increase itheir FICO score by creating new trade  and credit references 

Just to clarify, first it depends on if you're flipping or buy and holding:Assuming you're buy and holding, you need to report the property and improvements for the year placed in service.

Long term... its a little scary knowing that these buildings are so old and may need major replacements roof/siding/heating or air.

As much as I wanted to find a way to quietly evaporate into thin air, I knew I had to get my head straight for my daughter.

So to improve this I took the advice of what seems to be plenty of different RE investors on this site.

Spend most of your spare time reading about your specific interest in real estate as well as personal improvement. 

Try not to tie-in substantial lessee improvements with the option exercise. 5.

Hi Everyone,We know that there are a lot of folks out there with suggestions for improving the mobile app for BiggerPockets, including a sizable audience out there looking for an Android App.Right now, we are focused exclusively on improving the BiggerPockets Mobile App in it's CURRENT form and are not working on an Android/other app in the immediate future.  

Because this property is fully leased, there is no opportunity to improve the property prior to closure/appraisal.