You cannot deduct your rehab costs until the property is in service. 

Some operators really need better training and education and drag down the great operators who are doing it right and offer a great service and product.

Always good to know of other companies who provide products and services!

Adding another to this thread - 129 Webster St, Haverhill, MA.This 4-unit property in Haverhill presents a strong investment opportunity with recent upgrades, solid rental demand, and potential for easy value-add improvements.

The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.

kitchen update, driveway improvement What was the outcome?

Let me just lead with EXCELLENT customer service.

We've invested around $50,000 in improvements (central air and hardscaping) and our mortgage is a 30-year fixed at 2.5%, with a PITI of $2400.We think it could rent for $3,750 - $4,000 per month based on local comps.

Despite facing setbacks, including a year-long renovation process, I tackled the repairs, improved the interiors, and addressed all concerns.

Wish I had remodeled the space that is the dining room into an extra room to improve cashflow.