I purchased my first rental property and it needed a complete renovation.

Since you own it free and clear, you will only have to use a little bit for renovation.

Kitchen and Bathroom Renovations: List all fixtures, cabinetry, countertops, and appliances for kitchens and bathrooms. 

Many lenders limit their loans to around 80% of the purchase price to mitigate risk, which can indeed restrict your cash flow for renovations.

Ideally, this would be someone with a strong reputation and a proven track record in full-scale renovations, along with in-depth knowledge of the Pittsburgh market.If you have any recommendations or advice on contractors who fit this description, I’d love to hear from you!

Plus, if you add on a renovation loan like the 203k or homestyle, that will be a grand slam.I highly suggest checking out some of the networking events:  https://www.biggerpockets.com/forums/521-real-estate-events-...

I’m in the beginning stages of renovating a small unit in my 4plex.

I know she won't cooperate, but I would love to get the property back, renovated and put it back to rent. 

My business focuses on residential construction and renovation, with a particular interest in fix-and-flip projects.

Additionally, it can help maximize renovations and improvements.38.36% of the total depreciable basis was classified as 5-year class life.