This is usually the financials they use from their Accounting system and not concrete numbers but allows you to see how they are doing.

As for the original post, I think something like this works best if it is concrete: dates (say the last week of July and December), monetary consideration (I would suggest a separate sublet provision wherein you pay them for use, rather than working out rent credits), insurance and liability requirements, etc.

To make things more concrete, it helps to get specific.

I had the same realization as Michael when considering section 1245 assets in a 1031 exchange, and I really have been looking for a concrete answer ever since. 

We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!

Is it worth the money to level the concrete in the basement of a future rental?

Exterior PaintThe home has a concrete foundation wall that extends about 3 feet up before the siding starts.

Have contacted building and concrete companies and approximately looking at 28 per sqft buildings built.

A plan needs concrete numbers and realistic action steps.

Although they HAVE to sell are desperate to sell, NEED to sell, they are NOT motivated.They rather pour concrete down the drain, destroy the cabinets then sell to you... at market value, let alone at a discount.So, once you truly and fully understand this,  think about it.