This can help you greatly with the additional depreciation.Ultimately, med to large MF and small 2-4s are totally different products. 

After tackling affordable upgrades like kitchen makeovers and adding an ADU, they focused on medium-term rentals for traveling nurses.

@Ad Prad — I’ll send you a DM with my contact information.Continued success!

I generally rule out most single family homes as viable rentals, as prices are pretty high relative to rents, so aside from some downtown neighborhoods, typically you do not find large areas of single family rental neighborhoods (a median sale price on a 3 bed, 2 bath home so far this year in Dane County on MLS sales data is at $430k). 

., the actual management of the property & tenant play a large roll in how long tenants stay in their home.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

I added a bedroom to my two bedroom suite due to high demand last year. 

One other possibility: the property has already been rented, and they just haven't bothered to take the ad down yet.

The entire project took around 3 months with EVERY square in minus the electrical( some added) being gutted and renewed.

If the home is 100 yrs old, I'm assuming it's a definite gut which is going to require new plumbing, electrical, heating, cosmetics.I spent about $140K reno on my multi family in the heights on NY ave and there were massive problems with it but it was a gut to 3 units & adding 2 bathrooms, 3 brand new kitchens 4 bathroom reno in total, all new flooring, sheetrock , insulation, framing, doors, electrical, plumbing, paint, parts of roof etc.