Just like if there is a plumbing or electrical issue those subs come back no problem..

Bought @214,900Down: $4,400Down assistance: 10k Georgia Dream Mortgage: $5,550Rent per room: $600 water/electric includedWifi/Garbage separate: $35 each already split between tenants

Power is something running in my electrical lines.

., electrical, plumbing, foundation, etc. 

Saw a house with a For Sale by Owner sign in a yard with tall grass and after some drama, we have a house.We have dealt with long term rentals for over 15 years, but not aggressively ( keep them rented and do some improvements ).This "old house" needs, updated HVAC, new roof, new kitchen, some broken windows, upgraded electrical, water run off issues...I'm just starting to clear the house out with multiple dumpsters and starting to get quotes.  

I’m a portuguese handyman with specific knowledge in house renovations with skills such as plumbing and electricity covered as well. 

Also what type of repairs-new hot water tank, replacing all the electrical and plumbing?

We sub out all electrical, mechanicals, plumbing, and some exterior and flooring. 

These expenditures are capitalized, meaning they are added to the property's basis and depreciated over time.Examples of Capital ExpendituresBuilding Additions: Adding a new room, deck, or other structural improvements.Major Renovations: Remodeling a kitchen or bathroom, replacing the roof, or significant electrical and plumbing upgrades.Appliance Replacement: Installing new HVAC systems, water heaters, or other major appliances.Structural Repairs: Replacing the foundation or significant repairs to the building’s structure.Labor CostsLabor Costs: The costs paid to contractors, electricians, plumbers, carpenters, and other professionals involved in the renovation are part of capital expenditures.Example of Capital Expenditures with LaborSuppose you renovate a rental property, including a new kitchen and bathroom.Materials: $15,000Labor Costs: $10,000Total Capital Expenditure: $25,000This $25,000 would be capitalized and added to the property's basis.

The stove & hot water heater are currently electric.