@Bjorn Ahlblad I think I'll have to clarify further the scope of work, I agree it makes no sense why he would have to trenchI just replaced 40 feet of cast iron pipe at a duplex I own in Cutler Bay as a temporary fix while I am waiting for the insurance claim to be processed so I can do a complete re-pipe.

If you buy a property in barely rentable condition and charge $600 rent, then you update it significantly and then charge $800 rent, should your estimate for repair costs increase or decrease?

Decreasing personal expenses3.

If the location appreciation is less than the inflation rate, then your inflation-adjusted income will decrease.

And no foresight was needed to get ~80% return with zero effort in less than 2 years - the stock market had a massive drop, pandemic is obviously temporary, and the govt was debating about how many trillions they should print.

Legally allowing ADUs produces a shift in the supply curve to the right, which means equilibrium prices decrease.

As residential population decreases, schools need to close and consolidate.

Temporarily you can use it to cover the old cedar but screwing it into flaking cedar shakes is not going to last the buggers. five pound bag of cayenne pepper- sprinkle all around the structure (this deterrent is temporary).

The goal of the CPA is that the rentals will not increase your tax burden(with the possibility to decrease your tax burden with some planning).Best of luck!

This allows you the opportunity to decrease if market has not changed or they’ve been awesome tenants etc.