Also, there are lot of older construction and deferred maintenance, so that needs to be factored in as well. 

When you leave your employer you will have an option of converting it to self-directed IRA which can be used to invest in RE tax-deferred. 

Full renovation helps to compete and differentiate from many owner-occupied multi-units with deferred maintenance found in the area.

Or are those monthly payments deferred until renovations are complete? 

But if the appraiser does notice something, then he/she will "defer" to an expert.  

However if you defer rent increases that are greater than the ensuing vacancy it may provoke, you're conditioning your tenant to expect their rent will always stay the same.  

The excess loss is deferred i.e. carried over indefinitely until you have passive income available to utilize it against or you just sell your entire interest in this rental property.

Are the student loans deferred while you are in college?

(I'd like to defer taxes until 2022 if possible) -Because there is straight line depreciation on the property I think all the taxes would be deferred because the depreciation is "unrecaptured Sec 1250 GAIN" as opposed to "depreciation recapture".

Vacancy and maintenance factors should be higher than for Class A as homes will be older, have more deferred maintenance and tenants will be harder on them.10) Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)