We do some cosmetic improvements to bring homes to our standard, typically carpet and paint, upgrade lighting etc.

My late wife and I held joint interests in a piece of real estate in our separate individual self directed 401k accounts.

Joining Bigger Pockets hoping to accelerate my learning process and meet like minded individuals.

They analyze components such as cash flow, principal paydown, appreciation (both home and renovation), initial equity, depreciation, and interest deductions for tax savings, giving you a clear picture of individual gains and ROI over 30 years.

This is just the latest case study of how Government is incapable of improving housing affordability on its own.

I am a small investor in the Tucson Az, area looking to meet and learn from like minded individuals.

I haven't spent a ton of money overall on improvements.

Replacing countertops, though, is a capital improvement and usually has to be capitalized and depreciated over time.

definitely split the lot would be the highest and best use I would assume and sell them off individually 

From my limited understanding of how they work is that S8 is a federal program that the local HA apply to so the funding is "Unlimited" as in that the local HA isn't individually funded.