(Previous rent was $1,300 but we're about to put in a brand new kitchen from the studs, new flooring throughout the house, new furance, adding A/C, etc).So do we just pay for it all upfront and mostly drain all of our savings, or do I let the rent pay for it and utilize our other savings to get a second property this spring/summer to increase our cashflow? 

However, with smaller investments, if bonus depreciation isn’t captured in the first year, a cost segregation study’s cost may outweigh the added benefit.

With several large universities, including the University of Pennsylvania, Temple University, and Drexel University, the city has a steady stream of students and young professionals looking for rentals.

I'm right there with you in regards to going toe-to-toe with a licensed professional on such a large purchase.

I am in a large syndication group too where GPs are not even allowed.

There is a large population of low income persons who are poorly integrated and somewhat centralized.

This included modernizing the kitchen with high-end appliances, upgrading bathrooms with spa-like features, and adding hardwood floors for a luxury feel Lessons learned?

Added capital and acted s general contractor for compete gut remodel What was the outcome?

But then again a large swath of syndicators that jumped in when they did have had major struggles to full blown liquidation and 100% capital loss's..

I have a pretty large emergency fund in place for those properties, but I wonder if that capital could be better employed elsewhere (potentially acquire another property).