You can use leverage to increase your buying power. 

We have 45+ pads which are Water, sewer, electric connect ready.

For example, the exterior house could use a good power washing, and also needs a new roof. 

How should I tell him to terminate his electric, water, and garbage bill? 

A lender we were talking to said we could use up to $4000 per month borrowing power.

If you sell you will need to pay some form of tax and that will greatly reduce your purchasing power. 

Does it have electrical, good roof, good foundation, slab, good framing, is there any plumbing, are you on sewer or septic? 

But it needs a fair amount of work (not necessarily now) but likely over time.) the biggest ticket items are likely to be electrical and eventually the boilers.

Many are not even aware of the power of bonus depreciation, much less know those benefits will begin to diminish starting in 2023. 

Some basics: 2x Units - located on the 2nd & 3rd Fl, ea is 950 sqft, they are 3bed 1bath, off street parking, electric utilities not included, includes washer/dryer/dishwasher/stove in unit.