Also think about items you can upgrade or repair in the house to force appreciation, so that when you refinance down the road, you have a better LTV (equity) position and you can get even better rates at 75% or 70% LTV. 

It can be worth it to spend a little bit more on those items to limit recurring replacement costs.I hope that’s a helpful starting point.

@Yashar Fred most of the items a housing authority identifies as deficient should be remediated anyway.  

Prime Day has a tendency to cause some difficulties due to the massive number of items with many different sales algorithms.

Below are some items I’ve seen in teaming agreements.Ownership Interest: Clearly define the percentage of ownership each party has in the property.

Total Shelter was 0.2% because lodging away from home dropped.One item that is still sky rocketing, auto insurance!

@Diana Mulvihill, what sorts of items/services would you be looking to use this platform for?

So....... with my previous CPA (who has since unexpectedly retired) we did a cost segregation study on an asset that was placed into service in 2021 which broke down the bonus depreciable items into 3 buckets, a 15 year bucket, a 7 year bucket, a 5 year bucket and the rest would be on a 39 year straight line depreciation schedule as it is a short term rental.

Some people use a number like 10% of the income, but many suggest itemizing your expenses over their lifespan is the most accurate.

I look at every single item in the pro forma and imagine that it is complete BS, and see if I can challenge it.