Also in a quick look on Redfin I believe that I found the property you are considering (I don't want to reveal the address on here) and it is listed as a hot home likely to sell soon, so I think it may be unlikely you will get that steep of a discount.

- refer to the original depreciation schedule but "pause it" so that I pick up depreciaiton as if no years had passed in between rental use (this doesn't sound correct, but it's an opinion I've come across in my research)- start fresh and ignore the previous depreciation schedule, picking the lesser of an adjusted basis (original home purchase value minus land value + improvements) or fair market value minus land valueI have spent several hours looking at IRS publications and searching forums with mixed or no advice.

. - Dec 17 we do the test and it reveals mild elevation (500-1500 ppm) of either Penicillium (laundry room, 1 bedroom) or Cladosporium (bathroom).

Just joined on here and am fresh with the real estate world.

Some strategically placed fresh cut flowers inside would be nice. 

I think people here are  falling victim to recency bias. 2008 is fresh on the mind so everyone is thinking we are “due” for this wonderful correction and the deals will be everywhere. 

However, the people that pay cash are going to receive fresh eggs from my wife’s chickens.

Hard surface floors throughout so some drywall repairs and a fresh paint with a few misc repairs. 

Bring held to such a high standard is the best thing about being in the military it helps a lot of fresh out of highschool people learn how to be responsible.

Very few rentals close by (at least for now, in winter), but desirable location.We will do some updating no matter what:New laminate floor in kitchen/hallSiding needs replacing (have some insurance $ for that)Fresh paintNeeds new windows (maybe).Needs a bunch of concrete work (garage floor, driveway, stoop, walk to door).With those improvements we should be able to get at least $1000/mo.A room addition to add a large ensuite Bedroom/bath, and a laundry room to get the washer, dryer out of the garage, the bid came in at 59000 (This includes the siding).