Renovations that truly add value-like modern kitchens, open floor plans, and energy-efficient upgrades are making the difference in selling faster and at top dollar.Financing & Interest Rates: The higher cost of borrowing has made tight budgeting more important than ever.

As a rookie the fear is that I make a horrible purchase which ends up costing me my primary home.About me, I have been fixing aircraft for over 20 years and this is primary income.

And it only cost them $4,000.

The current property is propane-only, and while natural gas is available, the cost to bring the line is around $40K–$50K.

So about 8 houses per year will do ya....but don't forget your costs of doing business AKA overhead....Very good point!

For other clients, it's considering cost segregations. 

You’re on the right track—build awareness of costs where it directly impacts their role, but don’t overcomplicate the program with factors they can’t control.

if there is appreciation, but you wouldn’t sell your current home tax free and buy a neighboring home to rent out, (There by raising your cost basis for additional depreciation and lower capital gains tax.) then it probably doesn’t make a good rental property. . 

Most cost segregation firms will provide a free cost/benefit analysis quote to help you determine if the tax benefits from the study will outweigh the costs.

He prioritizes deals with substantial margins, mitigating rate increases, and actively manages rehab costs to maximize profitability by being heavily involved in the process and GCing his own projects.