@Rashad S. send me an email to be added to our buyers list. 

If you're interested to be added to the cashbuyer list, post here or shoot me a message.

The project will be adding a room. 

If this work was all completed, the total rents could probably be increased to $3,600 a month or more as there is also a first floor studio apartment (an addition on the back) that is currently used by the owner as storage + the 4th floor could be added to the 3rd floor apt.

On the other hand, an accountholder capable of remodeling a kitchen or bathroom or replacing an entire roof, such as a contractor or skilled tradesperson looking to flip properties, would be adding value to the property and risk IRS action.

Subject is WAY larger in sq footage and bath/bed mix.If you are interested in the property and would like to be added to the invitee list to receive the address and view the property within a few days of when it's vacated, please let me know.

I'm looking to put an offer where the owner wants to stay for 2 months after closing so they can have the money for a down payment and time to buy another place.This is an investment property that I plan to live in for a few years before renting out.Are there any specific considerations that should be added to the contract.

I just put an offer on the property this week and it will be added to my long term rentals collection.  

Some costs have to be added to the property and depreciated (closing costs, for example) and others can be deducted straight off.

The downside is that this approach will require "new money" to be added to find expansion.* Having identified a local portfolio lender, investor (LLC) will be able to refi up to 70% LTV but must hold property for a minimum of 2 yrs.