Deductible SEP-IRA contributions are distinct from depreciation - while depreciation represents "paper losses," SEP-IRA contributions represent real changes to to your business and personal cash-flow; the money contributed to a SEP are real dollars that can only be used by the SEP.

Are other properties being sold like that or are the changes being made before sale?

There is a decent bill at the state level that wants to change zoning in order to create more density .

We’ve passes on applicants with good financial profiles who wanted to make changes to the lease or the apartment because, as qualified as they were otherwise, they were not willing to rent under our terms.

I never use PM so have not experienced it first hand.Contact your tenants and let them know you will be changing the locks.

This doesn't take much time at all and allows clients to write off the basis in their property quicker.There was a change under the "Trump plan" that affects your ability to complete a 1031 exchange (like-kind exchange) after completing a cost seg so if that is part of  your strategy it would be something to consider as well.There isn't a hard set line on when it makes sense to complete a study but with the information posted I don't think it would make a lot of sense on this property. 

During Seller Finance is there and documents that would need to be changed to my name?

Recognize "good" deals (they don't have to be "great")....don't change your criteria....but do move quickly once you find something that fits your requirements.Realize you will make mistakes and be ok with it. - Use mistakes as learning opportunities to improve. 

Does it make sense to seek a non-recourse loan for 25% down or proceed with a regular loan of 20%, lender of which says it will be a non-recourse but they can't put this in writing and they will sell the loan to another loan company and thus can't guarantee that the new loan owner won't change it to a non-recourse.  

Here are two quick and dirty ways: for the lowest interest rate get a HELOC on your home.Since it's a 5 unit you're facing commercial rates and are playing in the big leagues of financing which means you need a seasoned entity combined with personal guarantee for the lowest possible interest rate.You can buy a seasoned entity online (make sure it's in the same state) that has a 80 or higher credit score, move the entity to the property address, change all the credit lines to the new address, transfer the property into it, and get your credit score to 720+.Apply for a commercial loan if you don't want to go the HELOC route.