Location would be accurately classified as a D location.  

@Zachery PottsAs @Jake Hottenrott pointed out, an accurate answer requires a case-by-case analysis.However, as a rule of thumb, house hacking and being a passive investor in MF deals is unlikely to increase your taxes, so no prepayment is necessary.

I'm sure the accurate "legal" answer is a resounding "no!" 

What is important is that the tax returns reflect everything accurately.

My question is how do you get a list that is accurate and ready to be worked. 

Be as accurate as possible when presenting these numbers.

If their is no cash flow then you are just gambling and it’s all just wishful thinking of the uncertainty of the future.

Gotta be really careful though as the states rules are sometimes vague and there's not a whole lot of information out there that is accurate. 

I would use that tool to figure out an accurate figure.

I do understand that there is a lot to be done in the area but there is a revitalization plan for that particular area so I am taking a gamble on it!