Some of our renovation were cosmetic rehabs , many full gut rehabs and some in betweens but we always went one step further to make certain the property was beautiful and in full compliance with section 8.

Under the routine maintenance safe harbor, if you had to do have the same maintenance completed within the last 10 years, you may be able to expense it as routine maintenance.

Rent is $1,725 with existing tenant, a little under market so scope to increase in future, especially if I do a cosmetic update. 

Just to explain the reason for my pointing out the updates; just a month ago it was cosmetically pretty ugly and I’ve added some square footage to the home. 

He started out just doing cosmetic fixes on a few single-family homes, but after connecting with other GCs and forming partnerships, he ended up getting into some pretty large-scale developments.For you, being in Bryan/College Station, there are a few standout companies that you might want to connect with if you haven’t already.

Create a daily routine of browsing these platforms for new listings and be ready to act quickly when a good deal pops up.

This can range from minor cosmetic upgrades like new paint and flooring to more extensive work such as replacing the roof or plumbing.

If it’s just cosmetic, like a fresh coat of paint or minor fixes, it’s probably worth it.

Hey River Sava, thank you for sharing your thoughts from what I saw in the last few weeks in Springfield, are properties that needs total rehab, I hoped to go for cosmetic rehab :) but to add value is something that really important for me. however, I'll dig deeper around those areas, thanks again

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).