Is any of the ground around the building saturated or soggy? 

Here is a long and technical post on this topic, however it's for general education and not to draw conclusions for specific situations, as your mileage will likely vary:https://www.biggerpockets.com/forums/51-tax-legal-issues-con...- the most common way to combat high W2 taxes using real estate is with short-term rentals (STRs), but it is also a separate topic.

It could very well be its all lost but seems like a big jump to conclusions by investors that basically did very high interest rate investing and expected  CD like performance..

@Juan DiazSome of what you wrote makes sense but I have to totally disagree with the conclusions for the following reasons:a.

@Melissa Crimp Better too much than too little, good luck moving foward and thanks for posting the conclusion.

You can have your conclusions, I'll have mine.Did you litigate title disputesin Colorado?  

I came to this conclusion due to while growing up, I had built trusses, and remodeled houses.

Lo and behold, the school district is subpar and the salary average is only about $70,000, so that led me to the conclusion that a high-end rehab would go beyond what people are willing to pay for in this area and I would just be spending extra cash on a rehab that no one is willing to pay rent for.

I assign the chores but just clean up myself simply because its my property & have come to the conclusion that they won't take care of it like I will. 

We will need to replace the sub flooring because the existing one got wet and it's now all soggy.