After the replacement cost has been figured, consideration must be given to the following factors:Physical deterioration—the wear and tear on the building itself,Functional obsolescence—usually in older buildings with, for example, inadequate lighting, plumbing, or heating, small rooms, or a poor floor plan, andEconomic obsolescence—outside forces causing the whole area to become less desirable.Deductions of More Than $5,000Generally, if the claimed deduction for an item or group of similar items of donated property is more than $5,000, you must get a qualified appraisal made by a qualified appraiser, and you must attach Section B of Form 8283 to your tax return.

Why didn't you force a contractor since you were far away to do a video phone conference call??

Which forces me to be picky about which purchases I make.  

Forces them to run the fan.  

I am hoping that my membership here will shorten the learning curve for me, keep me motivated, and hopefully I can join forces with like minded people.  

If it was me, I wouldn't do it the way Rich said because (1) your LLC is now on the hook for liabilities of the individual, and (2) the individual can now file a partition suit to force sale the property if things go south. 

So the owner's are forced to undercut their rates just to keep heads on beds and most are going into the red.

@Christopher Bunge - I agree with that, however I am having difficulty finding a good real estate agent that understands areas where I can improve a home and force appreciation and get a better rent return. 

Ive been saying that for like 7 years now) then I think we would enter an environment where it becomes increasingly likely for banks to use the due on sale clause so they can force you into a higher rate note.

You could face a lawsuit from this and the seller could attempt to force the sell anyway.