And as a military supplier, your yearly rent amount is likely a drop in the bucket to their budget.Good thing with this is that they are a corp so tenant-landlord residential laws likely won't apply.

But it is worthwhile.Many people call the plan many things, but this works for me:  fill the various buckets, or use the envelope system...what ever you want to call it. 

I actually kicked over 5 gallon buckets and rolled the floor thick.  

That falls mostly into five big buckets:1) purchase price2) rehab costs3) closing costs when you buy4) holding costs you pay while you own it5) closing costs when you sell.Shows like "flip this house" stop with just the first two.

Buy a bucket of redgard and non alkali mesh fiberglass tape at home depot and go over all your cracks first...

We all know if a luxury property is resold a $100,000 amount may be a drop in the bucket.

Apparently, these scoundrels are filling up 5-gallon buckets at a time as their water is turned off.

So now with most of the renovations falling in the 5 or 7 year depreciation buckets, I get roughly $175K a year tax deduction.So as alluded to, it is property dependent. 

Ideally we want to be able to reuse the same bucket of money over and over.  

I want to acquire a few units for speculation to pass on to my children when I eventually kick the bucket.