I recommend a Post Compliance Lead Determination (PCAD) every 5 years or so.Here's the law (emphasis added by me):460.100: Duty of Owner(s) of Residential Premises (B) Whenever any residential premises containing dangerous levels of lead in paint, plaster or other accessible structural material undergoes a change of ownership and as a result a child younger than six years old will become or will continue to be a resident therein, the new owner shall have 90 days after becoming the owner to obtain a Letter of Full Compliance or a Letter of Interim Control, except that if a child younger than six years old who is lead poisoned resides therein, the owner shall not be eligible for interim control, unless the Director grants a waiver pursuant to 105 CMR 460.100(A)(3).

You may not be able to hit a home run in all KPI’s and need to determine the ones that are important to you.

Feel free to work with the one you feel most comfortable with.When you work with your accountant - you will want him/her to review the last couple of tax returns you filed since you did them yourself to determine if there was any errors/rooms for improvement.Owning more properties and in multiple states does add to the complexity of your tax return.

I feel as if many people have taken CRD's this year and the IRS will have little to no way on determining if they were truly affected.

Getting Pre-approved by a bank/lender is a great first step to determine how much you are qualified for and at what cost. 

Hi @Ryan Sullivan, I'd say the biggest determining factor in this is your market. 

How do you determine if a particular city is worth investing in.

From there you just determine repair costs, ARV, etc. to see if it would make sense OR you just keeping rolling as the previous owner did.

It's just another operational expense added to all the others to determine the value.

In both cases the bank will appraise the building (i.e. multifamily, commercial or otherwise) because the value of the building is required to determine how much the bank is willing to lend.