She stole the refrigerator and microwave.

I find many are hard working but are in low paying jobs.4) The current kitchen has a refrigerator and a stove. 

Blinds -$1100Refrigerator- $400 (given to tenant as credit to purchase their own refrigerator) - hedging my bets that they may stay a few years.  

The refrigerator will not be an issue but the garbage disposer will.

-AlikFrom Annual Lease Agreement:FURNISHINGS AND APPLIANCES:The following appliances are supplied with the Premises: ( )Refrigerator ( )Stove, ( ) Dishwasher ( ) Other: _______________________________________.

But if you're flipping here's some of the common general ledger accounts you will need.Revenue:Rental Income (in case your rent it before you flip)Sale Income (sales price when you sell it)Expenses:RET (Real Estate tax expense)Insurance ExpenseHOA Expense (if applicable)Interest Expense (if applicable)Depreciation expense (if carried over multiple years)Assets Fixed Asset - Building/home/condo (whatever you purchase), this should include all the costs associated with the purchaseFor your rehab, anything that essentially increase the value of the property should also be capitalized as a separate fixed asset (i.e. new stainless steel refrigerator, tile, new vanity etc) Inform your CPA as each will have different depreciable lives per MACRS, and this will be important if you carry for your flip over two different tax years.

I was able to view the unoccupied side and noted the following problems: massive cracks in the tub surround tile, uneven floors, walls, and ceilings throughout, an active small leak from the water heater in the kitchen closet, peeling vinyl tile over water damaged original hardwood floors in the kitchen in an area far from the water heater and all plumbing, and a piece of plywood below the stove and refrigerator that I assume is for strength.

In a duplex, you will likely have 2 furnaces, 2 a/c's, 2 water heaters, refrigerators, etc. 

Using this number, the calculator will subtract 5% of your rent as lost revenue due to vacancy.Capital Repairs: I set aside 10% of rent into a savings account (which I put the 3% of purchase price mentioned above) to cover capital costs, such as roofs, refrigerators, etc.  

The other day as I was delivering a refrigerator to one of my houses and I started a conversation with the neighbor.