Owner Occupied Timing of Remodel / Cap Ex

[Tom Markoe]

Hi Folks,

I just closed on my first duplex in the Twin Cities.  I will occupy one unit.  Do you find it best to do capital expenditures prior to, while currently living in or after moving out?  (Ex: I would like to replace the old plumbing with PEX, I would like to add a bed/bath in the attic of the upper unit and water heaters and boiler are on the older end of their life cycle.)  What are the logical steps in which to do these activities most efficiently.  I also would like to know your thoughts are where to draw the line regarding pre-emptive activities versus squeezing more life from current situation and just being prepared to act when something gives out.

Thanks in advance,

Tom