There is a large overhead door that opens up to 18’ ceilings.

This is just for my walkthrough to see how I feel about the property and targeting serious issues without the affirmation of a home inspection report; cracked foundation, holes in the house, broken windows, wet walls/floors/ceilings, wet crawlspace, etc.

If it would support being a living area (dry all year round, decent height ceilings) maybe make it into a TV room or a 2nd living room with some faux stone, apartment carpet and 2nd hand mirrors from over old dressers.

Hitting a "cash ceiling" is a common occurrence for property investors looking to scale and there are a few different ways to power through it.  

I also don't do the "landlord special" where everything goes a single color (trim, walls, light switches, outlets, ceilings).  

Specific milestones meaning drywall hung, taped and mudded, or all walls/ceiling/trim painted or Final inspection completed and Certificate of occupancy issued.  

We have an investment property on the bottom floor of condominium 8-plex. A leak is coming from somewhere above our unit in to the kitchen and trying to determine who would be responsible if the water comes from anoth...

All of these brackets are below the 25% ceiling for depreciation recapture, so you will not reach the 25% cap if you're indeed starting at 12%.  

Large fenced yard and vaulted ceiling in the living area.

There is no requirement for garbage disposals or ceiling fans in this program.