In one I had to replace the roof as soon as I got the place and had the purchase price reduced.

I would probably reduce the rent for analysis purposes since it was previously listed for less than $1100. 

Multifamily (Apartments) one location with many units, because its commercial you can improve the value of the property by managing it better, reduce expenses or increase revenue or both. 

The real value in having laundry onsite comes from reducing vacancy and turnover.

So I'm trying to see the negative of reducing cashflow, if it is a good idea, more risky... etc.So at the moment, yes would be nice to have more 'cash flow', but in my current situation, I make enough money from my day job that I'd be comfortable working 9-5 until I had developed a substantial amount of wealth. 

Or maybe tell them that I am the property manager at that place in return for reduced rent or something like that.

Based on the awesome input I got here from everyone, I've updated my CapEx and Repair model - takes into account lifespan over 30 years, and if the age is within 85% of its lifespan, it puts the cost in the replace column, and automatically reduce the capex lifespan cost by the initial replacement cost, otherwise it just takes the replacement cost per year over the span of 30 years. 

@Larry Turner Rent Roll, P and L, utility bills, leases, property management, inspection, crime in the area, taxes, tax paid receipts, capital expenditures in last 2 years (appliances, roof, etc...).

Loan wouldre-set to 30 years, but principle and interest would be reduced by about$275/month.Original loan was 354k - refinance would be for 327k+ .05% VA funding fee.

can reduce capital gain by 15%,,delay 4-10 years or even avoit it after 10 years...3- A $12M commercial building can save up to $600k taxes every year if you can qualify4- Can save up to 28% in expenses every year if you have a maufacture, laboratory, dentist, doctor, storage office, etc...Pretty powerful...