I agree with @Ned Careythat is a extensive rehab for a property with the ARV being as low as it is.

Double Declining Balance isn't a valid method for the building itself, but it is a valid method to be used if you're doing extensive cost segregation on the components.  

The benefit of building a relationship with a good commercial broker is that these guys usually have an extensive database of properties, with notes on each such as "Owner of 123 Main St plans to consider offers in 2018".

Hi bigger pockets, My name is will I have an extensive technical background in just about anything mechanical but being stuck in a dead end job has lead me here in my search for better ways to provide for my family and I look forward to learning as much as I can from every one  

To get a little more background, about two years ago one of the three buildings flooded and the damage was so extensive they had to rebuild it.

If Tenant or Landlord does not wish to renew the Lease, written notice must be given to the other party at least 60 days before the end of the term (Term of Lease Agreement) to terminate the Lease (including any exercised renewal or extension thereof).My critical error was not including a clause to automatically renew the lease.

A: The rules define a “loan originator” as a person who, for or in expectation of direct or indirect compensation or other monetary gain, performs any of the following activities:(1) takes an application, offers, arranges, assists a consumer in obtaining or applying to obtain, negotiates, or otherwise obtains or makes an extension of credit for another person” OR(2) represents to the public through advertising or other means that such a person can or will perform any of these activities.

Your local Ag extension, DEM or similar organization for your state will have state specific guidelines.  

Finish work on these homes will include extensive crown moldings, chair rails, high end paint, granite and stainless steel appliances (including wine cooler and ice maker) are now a must.

What I seem to find is that most of the properties that are low priced are up for auction and require extensive rehab.