One question to you all: He bought huge property, 3 lots, together, one title.

This seems to be the case with all these new apartment developments throughout central CT.

They all are just computers making guesses based on other rentals in the area and adjusting for things like more square feet.

Thanks for all your help!

@Brenden EvansCongrats on all your success!!!

In which case you need to ask yourself, do you know all the issues with this property and why do you think you could succeed in turning this property around where this operator has failed.

@Levi SiegelVery limited info, so can't be all that much help here. 

I think giving somebody 50% equity plus repaying the loan is incredibly steep when I would cover all additional expenses and construction expenses and give them equity in all future acquisitions that they put nothing into plus additional future real estate related business.  

I hire a pluming company replace a shower drain he quoted me at $560.00 He had down the initial inspection and the never mentioned anything about the shower pan being damaged.Today he came out and said that the that the drain was corroded from all the hard water and was not able to remove the drain, he them send me photos of the shower pan with a whole near the drain and the tools use to try to remove it.

Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions which can defer state and federal income taxes and increase cash flow.When a property is purchased, not only does it include a building structure, but it also includes all its interior and exterior components.