@Chewie G.That is the story from several expert CPA's that are in my real estate club and study the rules intensely.

A lot of the moves I'm considering have tax implications that I should really consult with an expert on. 

The biggest challenge was getting the utilities turned on, as I needed to get the city developer involved in pulling permits and getting the property certified.

Any idiot can mismanage a property and let performance decline...but PMs are expected to be experts in this field. 

@Giedre BasovAshish is a great CPA, CFP and real estate expert.

They are not real estate people so I need to be the "industry expert". 

If it is Currently zoned/allowed for 3 units…you need permits which means you need certified/stamped plans for whatever you want to do. 

I’m not an area-expert but I’m learning.

I'm definitely not an expert but I have reached out to several owners of very rough properties to see if they would be interested in selling, but I have not received any response either. 

It looks like they are not doing any inspections right now so I beleive the tenant or myself will certify property meets standards.Also I run the same background check on potential section 8 tenants as a normal property, I just don't worry about income as the section 8 office ensures affordability.