@Nicholas Bolcon I use 5-10% for repairs depending on the newness of the property, deferred maintenance, etc.I use a separate line item for capital improvements which are similar to repairs in the sense that you’re doing something to the building, but different because a repair just fixes what’s broken to the same condition while a capital improvement/expenditure improves or upgrades the property in some way.For taxes, repairs can be written off completely in the same year while capital improvements must be deducted over time (depreciation). 

They are also located in the most desirable areas with a high potential for appreciation with high-quality tenant profiles and with little to no deferred maintenance issues.The prime locations and condition of these properties command high rents and experience low vacancies.

No actual management, lots of deferred maintenance, not capturing fees, etc. 

In other cases, the lender may be willing to defer all interest and principal payments until the sale.

If it's the first model, then you can likely defer taxes, but you will have no real collateral or security to protect your investment.

It’s completely maintenance deferred.

You can google deferring and allocating capital gains through installment sales, land contracts and lease options but the best bet would be to discus with an accountant as every situation is different.  

ahhh i see why its so low haha i just looked at more pictures. wonder how much itd be to fix that puppy up and then what itd rent atLow rent, barred windows, lots of deferred maintenance.

improved tenants, professional property manager, improvements, address deferred maintenance What was the outcome?

There was a fair amount of deferred maintenance and a horder tenant to get out of there.