They are not expensive, can be added as people move out, and can be a big selling point.The price may be right depending on how it compares with other buildings like it.

Your base income AND your income calculations for your lease properties are all included in your DTI calculation.However, what's on your schedule E deductions can be added back as income in your total rental property worksheet (depreciation, taxes, insurance, interest).

They'll give you a report showing what it needs, whether piers need to be added and how many, whether existing piers need to be shimmed up, and so on.It may be there's no real problem....a certain amount of foundation settling is OK.

I'm trying to change the pitched roof on a duplex in Newport Beach (Balboa are) to add height and living space for new bathrooms to be added.

Also consider timers, one for a whole house fan to keep air circulating a few hours a day, and one for outside light(s), so they don't get left on all day.These aren't really wiring solutions, they can be added to almost any home's existing wiring.

@Jose RameryIf you take it as a distribution, money will need to be added to your capital account, on the front end, within the partnership.

If so, maybe you can be added to one of your parents bank accounts. it depends on the house you are buying too.

Will you be adding a lock box soon?

Second, until you place the property into service, the majority of expenses (especially capital improvements/repairs) will be added to the improvement cost basis of the property. 

I've also seen 203k loans that can be added on for repairs, so I would love to hear from those who have taken advantage of them as well.Thank you for any input!