However, if you dive into the language of the regulations, including examples, you will see that replacing a fence falls squarely under B (Restoration).Bottom line: it is a capital improvement in 99% of the cases.

If you can do these couple of things, especially connecting with an agent and lender, your entire business will fall into place. 

For illustration purposes, you hire a snow removal company, they are ultimately negligent and don't perform the services they contracted and there is a slip and fall incident.

Hi Wayne,Other neighborhoods to consider are the following: Near Eastside: This area has been seeing redevelopment and could offer good opportunities.Irvington: A historic neighborhood with a lot of charm and potential for renovation projects.Garfield Park: Another area that's been on the upswing and attracting investor attention.Mapleton-Fall Creek: This neighborhood has been targeted for revitalization efforts.Riverside: Close to downtown and has been seeing increased interest from buyers and investors.Reach out if you'd like to talk about financing options!

These strategies, when combined with solid due diligence, can help structure deals that might otherwise fall through.

For the investors I work with, I send my flippers to certain neighborhoods (Near east side, Crown Hill, Mapleton Fall Creek) and my LTR investors to other areas (West side, Christian Park, Martindale-Brightwood) -- there are some transitional neighborhoods that work for both (Brookside, Little Flower). 

Are you remodeling b/c you think the tenants are demanding/ deserve nicer places to live or b/c things are falling apart? 

Thank you for this @James Carlson , as has been mentioned it is not allowed to post AI generated content in the forums, it falls under section E of our rules "no impersonations" If you or anyone suspects AI generated content please tag @moderators and we will work to resolve the issue as quick as possible.

We may skip one year if the market is really weak or the tenant is worthy of a reward, but that is rare.Some years and some markets have increased 10% or more in one year, which means you are falling way behind.

Issues like contractor delays, supply shortages, or unforeseen repairs can extend your timeline, which adds to your holding costs (mortgage, utilities, etc.).Tip: Factor in extra time for delays and have a backup plan to stay on track.Over-Renovating: Many new investors fall into the trap of over-improving a property, especially when they try to bring in their own taste.