The electricity, administrative fees, water, and gas are significantly higher compared to Colombia.

We did a full remodel on the property, including but not limited to HVAC replacement, electrical panel upgrade and rewiring, and cosmetics.

Common concerns in pre-1940s buildings include outdated plumbing, old electrical systems, and structural issues that could be costly to bring up to modern standards.

It’s on track to do over 45k gross as a STR with current bookings, but may end up closer to 55k as I get mostly last minute bookings (a lot from contractors needing a big enough space to house their crews).

"Then he wanted to redo the placement of the electrical outlet for the appliances stove, fan, above stove microwave.

Good reviews on work.b) Cheap contractor - wants $1,500 for the same work. 

Coule of additinal questions:1) do you have a responsible and reasonable contractor you would recommend?

I don't have time to be the middle person between a contractor and tenant.

Current building code requirements and local amendments should be considered forrebuilding the fire-damaged portion of the residence.The Engineer shall have no liability to the Owners, or to others for the acts or omissions of theContractor or any other Persons performing work on the project, or failure of the Contractor tocarry out the work in accordance with this letter, except where specifically inspected andapproved by the engineer and discovery of defect is possible within the normal ability or standardof care for the industry.This report is based on a diligent visual inspection of the referenced areas.

I feel like it can be costly on utilities but the tenants are responsible for water and electricity anyways.