First you need to learn to separate the following:Maintenance: usually things related to wear & tear or tenant damage.Repairs: usually broken items like doors & windows, caused by tenant or nature.Capital Improvements: usually expensive things that wear out: hot water tanks, furnaces, roofs, etc.The seller is correct that Repairs & Capital Improvement items should not be a factor for awhile (ALWAYS get your own inspection to confirm).

I do emphasize on showing that my 1800 property is not going to magically become modern. 

No, you cannot "write off a new truck every 3 years" as these reckless YouTube professors suggest.Prepay or delay personal itemized deductions.

Items or features in this quadrant that aren't there won't be missed, but if they are there, they will be expected to operate perfectly.

Or can I get the Costco brand items?? 

Are you going to negotiate inspection items, contingencies etc.

I've been pondering the same question lately.For items like HVAC filters, do you remind tenants when it's the time to change it, or just expect that they will do it?

You can do some inexpensive value ad items.

It's always important to have contingency reserves and having a healthy contingency line item that's capitalized can greatly reduce cash during life of loan.Loan Administration:Remember construction lenders release for completed work and the borrower has to navigate the process by which the work is completed in order to obtain reimbursement.

BUILT TO RENT: New Modern Home for Investors in Griffin, GAGriffin Modern LLC is proud to unveil its first completed home in Griffin, GA—a 2-bedroom, 2.5-bathroom property that marks the beginning of an exciting new chapter in this growing community.