The building is in a C+ neighborhood that is currently undergoing a transition to a B, with many properties being improved in the area.

Business, rentals, self improvement etc

I'm wondering how you determine the depreciation on a rental.Let's say you buy a property that was just rehabbed and buy it for $100k and it gets appraised for $100k.You look at the tax assessment and it says the land is worth $10k and the improvements is worth $50k.When you depreciate the value of the property would you do $100k - $10k = $90k or would you scale up the land value with the new appraised value?

@Michael LawrenceList of cap ex / major improvements.

I know this will be a huge benefit in being able to learn from the best in the business to continually help me improve the way I am able to provide for you guys and others in the industry.Thanks for having me here and I can't wait to begin connecting with you all

Things aren't looking like they are going to improve in the next two weeks with regards to the corona virus, so im wondering if it would be wise to lock in 2.8, or see if rates dip even lower.

Please give your honest critique and tell me where I can improve.

4) I am planning to negotiate maintenance of the 20 doors to be separated from the management company and to be done by me as I think the current expenses are too high and there is room to reduce and improve net income.

(reps = repetitions)  Estimating costs is one of the most difficult aspects to all improvement-driven real estate investing. 

Recommendations:Look in surrounding markets that may not be experiencing the same appreciation in price as yours.Consider a lower price point property in your market where you could add a bath, bedroom, or other improvement that would allow you to flip it into a higher price point.Wait it out...what goes up, goes down.