He was diagnosed with lupus in the prime of his medical career and began investing in real estate as a way to provide for his family if he was unable to practice medicine anymore.

We had a old style combined mirror with light medicine cabinet and could not find a lighted mirror to replace it that produced any appreciable light so we had to do a seperate light. 

College at this point is not a good idea for me, because I have no interest in pursuing a career in medicine, law, or engineering.

that could artificially increase your cash flow in the early years, and then you may realize later on your property isn't cashflowing.the best way to do it is to calculate the effective life of every product in the house, then divide the replacement cost by the number of years it'll take to fail. that's a lot of work, but it is your true capex reserve. how you choose to do it is your decision, just make sure your property cashflows at the actual capex amount.

The trick really is deciding what value to assign to those items so as to not artificially inflate your net worth. 

Updated all windows in large home for better efficiency .Built a patio and artificial turf for smaller unit so that they feel like they aren't just renting a small unit but also a yard and space to call their own .

Hey everyone.  I've been off BiggerPockets for a while and a lot has changed since the last time I was on here and networking more consistently.  Mainly the introduction of A.I.  Was wondering how you guys currently i...

A lot of the properties I see seem to have artificially low assessed values.  

But we bought far less cold and flu medicine, in part because social distancing and masks made getting sick a relative rarity.

Therefore, properties often stagnate and do not get updated.In other words, turnover is depressed because residents choose to take advantage of keeping their artificially reduced rental rates.