If the sewer is still functioning (sounds like it is) you get to decide what to do with the money.

I added value to the deal by strategically investing $15,000 in targeted renovations, including modernizing the decor and enhancing the property’s appeal with stylish finishes and functional updates.

I added value to the deal by completing mid-level renovations that enhanced the property’s functionality and appeal, making it a desirable rental option in the area.

So he may consider this most of the basic functions of PM without actually being a PM (and thus not subject to regulation). 

The process required coordination with local authorities and additional time and expense, but resolving it added long-term value and functionality to the property.

We can teach them how to live in a house the right way and help them with the bumpy road of turning into a functioning member of society. 😆  That's right Dave, lots of good life lessons for everybody!

Exterior structural, structural, functional, cosmetic. ( some variations, but generally true)

More bank accounts will require more accounts to be connected to your accounting software.I personally don't like to have a checking account and savings account for each property(If you have 10 properties, that means 10 checking accounts, 10 savings accounts, 10 account numbers to remember, 10 checkbooks, 10 debit cards, etc)However, it will make using the class function easier when you do your books.Best of luck.

These enhancements significantly increase the property’s functionality, appeal, and income potential, making it a cornerstone of my portfolio.

These enhancements significantly increase the property’s functionality, appeal, and income potential, making it a cornerstone of my portfolio.