When a tenant turns over you still have your normal expenses - mortgage, taxes, insurance, but you now take on the burden of water and electric.

@Grant GibsonGo through BP by doing the reverse engineering.

I recall a case where a court held that the act of having engineering plans drawn up was the first act of visible construction.A quick review of DC's lien provisions appears to show that a sub's lien rights relate back to the date of first work and the sub has up to 90 days after completion of the project to file so someone who close on a purchase of the improvement 60 days after completion may wake up to find a lien has been recorded the next day so it's not gap matter, it's a post-closing matter.

Hi I'm currently a student in college studying Mechanical Engineering and a friend and I are looking to invest in Real Estate once we graduate in May.

If that is the case, we ask the tenant to switch internet, electricity, and gas into their name.

That includes the architects, structural and MEP engineers fees as well as the city permit.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

Also, looking to do some rehab - so if you have any contractors, engineers/architects or handyman, I will highly appreciate sending their info.

You start as an apprentice, you study while you work, for a few years.Then you become a master electrician and can earn some good Money.Contact some of the larger electrical contractors in your area and ask them if they're hiring if you are interested in this. 

Year built3. year of updates (roof, plumbing, heating, electric)4.