Hi Dina,Buying your in-laws' home is a smart way to prevent a reverse mortgage and provide support for their care.

Check out Residesk—these guys are doing great things and acting as your support channel for residents so the on-site teams can focus on leasing more apartments.  

The community here tends to be really supportive, so don't be afraid to reach out if you need anything.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

Have you read anything else that supports my small sample findings or to the contrary?

With the holiday season approaching, a significant donation to your favorite non-profit or church could provide a tax deduction while supporting a cause you care about.Ultimately, the right strategies really depend on your overall situation, and we’d need more details to offer more specific advice.

Sales folks bend over backwards to try and solve issues but their accounting department do not provide any support.  

If the renovations are significant and the market supports them, the property will likely stand out.

@Scott Mac and @Bill B. give good advice.Pull the toilet to see if the subfloor or supporting joists are damaged. 

Nowadays, you need to work backwards:Start with your target ROIFigure out what the likely rent will beDeduct taxes, insurance, maintenance, vacancy, etc.Using what's left, determine what mortgage payment can be supported to reach your ROIFigure out, given current rates, what the P&I mortgage payment => mortgage amountAdd your 20-25% down paymentTHAT IS THE NUMBER YOU OFFER!