Were you able to get it sub-divided then?

Most would think with all that is happening in East Franklinton, Franklinton would also benefit, but the fact that a highway is dividing the two, who knows. 

You have to do the math.If the roof has 20 years of estimated life remaining, determine replacement cost and divide by 20.

Generally divided between Mom/Pop and REITS/Large regionals.

Source:  https://www.irs.gov/taxtopics/...Section: “Dividing Expenses between Rental and Personal Use”

Yes your main hurdle would be the value and or LTV (relationship percentage wise between loan amount divided by current value).If you can buy a good enough deal or add enough value whereby your LTV is 75% or less then your plan in theory could work, otherwise you may have issues transitioning from FHA to conventional as conventional is 75% LTV no matter if its primary residence or invesmtent property (on fourplexes).Some other things to think about and to do correctly otherwise you may derail your own plan is you may want to consider a refinance as an "investment," property (thats right I said that) on your fourplex when exiting from FHA to conventional if you want to buy as a primary residence again right away. 

So, by dividing your businesses into separate zones (LLC's), it effectively minimizes your risk across your different business zones.Sorry for the long post, thought it might help!

I know that COGS is technically the wrong term to use.Here’s what I am doing:  I have divided deductible expenses into two categories:Property Expenses and Overhead Expenses.Property Expenses are deductible expenses directly associated with the properties that I own.Examples of Property Expenses are taxes, insurance, utilities, repairs and maintenance.In Quickbooks, all of my Property Expenses, as defined herein, are created using the account type called Cost of Goods Sold. 

If you divide 8256 by 16375, you will get a 50% return for your money.  

Use excel (i.e. so let's say there's 3 individuals living in the home, divide total bills by amount of people in the home.