welcome @jacqueline jordan. i too started off as a young realestate apprentice but doing painting, sheetrock, mowing grass, scrubbing carpets, etc for my dads two rental homes, lol. however a good education and foundation of the business side like you will learn here is priceless. and thanks @belinda lopez for the discount rich club code. i will be there for the first time this thurs.

For example carpeting/flooring has a shorter depreciation schedule than a new roof.

If they sign a new lease, I offer to pay to have the carpet cleaned.

Yes, it might have cost $100 or so for heat and wasted water over the week that the home was vacant but my bill for the plumber was $750, not to mention the sheetrock repair and carpet cleaning.He said that just shutting off the water would not have prevented the issue because there would still have been water sitting in the pipes, waiting to freeze.

Some rehabbers only go for carpet and paint and other things scare them away.

A pipe didnt freeze , a 1/2 inch sweat joint came apart , I just spent the last 4 hours with a rug doctor sucking water out of the carpet , and now have 4 large blowers going .

New roof Architectural style rip and replace $4/sqft , gutters 1500 sqft $750,siding and sheer 1500sqft $10,000,exterior paint single family 1,500 sq ft $3,000,kitchen repair single family nice $5,500-$7,500,windows vinyl clad $250 each,full bath repair $2,500- $3,500,replace one hot air furnace or boiler $2,000 - $2,500 depending on size,carpeting $500 per average size bedroom.

Also new windows, carpet, and painted top and bottom.

Some basics that come to mind would be painting, pressure washing, light drywall patching, carpet cleaning, general house cleaning when the rehab is done.

The first tenants had cats that destroyed the carpet, then they quit paying.