It was that 1% test that was throwing me for a loop.

In most places they provide free "coaching" as long as you go into a meeting with the city prepared with specific questions and proof that you have at least tried to research and educate yourself on the situation.

When I need a blood test and have to fast for 8 hours, before the following morning, I am a very miserable person without my morning cup of up of coffee loaded with sugar.This is not a dating forum.

Try to trip it (hit the test button) and then reset it. 

When it comes to a PPM, working directly with a syndication attorney who can prepare the appropriate docs for you is really the best way to go.

That gets prospects mentally prepared to see the higher rent amount.

But it would be interesting to hear how the tax preparers are treating situations such as this.

If you decide to sell, I wouldn't make any decisions about repairs until you are closer to that time to evaluate the current condition of the market and the house to stress test what is needed. 

Walk me through the order of organization for the purchase of a small multi-family home (10-20 units)
I have purchased several single-family, commercial, and duplexes before and have always taken ownership in my name...

If he was making decent money and there are no negative influences aside of COVID, chances are pretty good that it will recover and keep making money.If it was a marginal business prior to COVID, then closing the business and selling the building may be a better way to go for him.If he sells the business and real estate to a new operator, he needs to be prepared to continue operating for a year or so because even the best marketing programs take time.