Thank you, RTR, for providing excellent and valuable services from start to finish, making it easy for out-of-state investors to own income-producing rental properties.”Forget folks swimming naked when the tide gets pulled, the sharks now need to put on blast. 

Part of that means that the underground tanks and pipes leading to the pumps have to be up to current code. 

Sometimes there just isn't enough gas in the tank to get over the next hump and if you've hit that point, do whatever you need to to lighten your load. 

For my first investment, I was thinking I could use my dad’s land that he owns with 3 septic tanks and 2 wells.

I don't know the cost of your fridge, but my CPA would simply expense it.The funny story is a rehabbed a house, bought appliances in a refrigerator, hot water tank and depreciated the entire rehab over 27.5 years.  

I put in a well, brought in electricity, a gravel driveway, a septic tank, and a fence around part of it for my horse.  

Would you replace a current functioning 1000 gal septic tank to a 1250 gal tank in order to list my flip as a 4 bedroom as opposed to a 3 bedroom.

Just this week I saw a property with a leaking underground storage tank.

The early 2000's credits increased prices, but they were tanking and the stabilization was a good thing. 

They all have their own separate oil tanks/electric meters etc. and there is well water.