$6000-Flooring (2580 sq ft) (hardwood and underlayment/tile and backerboard) $11000-Kitchen ( cabinets/granite/appliances /tile backsplash etc) $10000-2 bathrooms (vanities/toilets/glass showers/bath accessories/tile shower walls) $5000Things to consider: demo rear structure that’s currently serving as 2nd unit, extend roofline the entire length of home, add 5k ish, the one side of either this house or w50th had a settling issue so we’re going to have to fix thatCost as estimated to rehab $127600 -132600(your going to be somewhere in this range)

The IRS typically looks at the circumstances and fact pattern of each individual property and not the entire portfolio.  

Also, I do some of the finishes myself, so I'm not always in the mood to grout tile, lol.All that said.... currently the market here is ... stupid expensive and hot.

If unexpected weather patterns emerge, if an engine has issues, or any other number of surprises, the pilots are the ones who are responsible for the flight.

The floor is proving more difficult as it’s a nonsmooth tile.

yes it is... seems to be the pattern now with all of them.. get a reality fix and flip show then hook up with highly capitalized marketing companies that drive the back end.. be the face of the company and make a bunch of money... and believe me they do.

Rehabbed the place myself (Installed tile floor in bathrooms and very large kitchen, upgraded appliances which were likely from the 1980s, patched/sanded/painted the walls, installed new light fixtures and cover plates).

I used tile instead of carpet since it is going to be a rental.

I decided to rip out the tile floor Hah!!! 

However, while I was succumbing to shiny object syndrome (admiring the fancy new kitchen, new hardware, and beautifully tiled bathrooms), my agent was crawling around in the basement crawlspaces, collecting cobwebs and assessing the plumbing.