Look for the assessment and then the improvements (aka the buildings). 

I am in the government tenant improvement industry, i have an interesting itch of track home development and how to get there.

I'd also speak to the Planning Office to see what improvements and incentives are planned, and when the City will make them.  

My go forward strategy is take these homes that are in good condition, maybe even lightly renovate them and turn them into standard rentals, on the older ones there still may be resale or scrap value I'll take that on a case by case basis and then begin to Vet incoming tenants and establish a "housing code" so to speak going forward on appearance...this will be a multi year strategy as I can't just kick the old homes out and find great new tenants over night but I'm confident over 5 years I will greatly improve the appearance and there for the rent value

It seems the owner is an investor that just wants to be rid of the property.The damage is fairly extensive, and obviously I'm going to have a large rehab budget on this, but there's room for profit: the listing price is about $90,000 below local comps that are sold as-is, and $120,000 below improved properties in the area.Trying to figure out how to post pics from the mobile app.

The pool would be a land improvement so it'd be depreciated over 15 years instead of 27.5 years like the building.

If the forthcoming changes don't improve their lives, support will quickly disappear.I've been surprised how little the real estate market has changed given the election rhetoric.

I believe I have to wait six months to get the low interest of a conventional loan, although one lender said the LTV would have to be 70%. 75 would be preferable.I am trying to come up with a strategy for timing the improvements and tenant rents with the financing.There are tenants in there who appear to be good tenants but they are paying under market rents, I believe 600/600. 

If weaker tenant offer little to no TI improvements and instead some months free rent.

That could be a far cheaper option than buying a new house and it could even improve the value of your current residence.While the market is pretty good for selling in NH right now, I'd recommend NOT selling your investment property that's earning you money every month to put the cash into a personal residence that's costing you money every month.