It’s unnecessary and spends money on something you don’t need.

@Michael Flanagan, probably not the advice that you want to hear but I share this time and again with younger investors because it's practical and realistic; save religiously, limit unnecessary debt, build your credit, secure W2 employment, get pre-approved via a conventional lender, acquire and house hack your first deal.

Some lenders allow for the option to take a higher rate to absorb your prepayment penalties so you get in and get out of a deal quicker or move into less expensive more prime types of capital / money like conventional or commercial financing with out being tied down by unnecessary PPP's or prepayment penalties.Often times a property is not ready to go into "prime," money and this is when HML (hard money lending), PML (Private money lending), and DSCR (debt service coverage ratio) type loans help you get into properties.

Am I required to check for insurances and licenses if I am 1099ing people or is that unnecessary if I have my own workers comp policy ? 

I would never do unnecessary improvements to get a deduction, but I do keep up on maintenance.

Thanks for the history lesson and unnecessary lashing rhetoric regarding favors, but he posed questions in a manner that clearly triggered you ...

Again, these are unnecessary cosmetic repairs that may or may not give you a rental bump. 

Unnecessary honesty with strangers is a mistake.

.($307,000+10,000)/1,250=253$/sqft If a bedroom adds 10,000 to the value of the house, then spending 10,000 and the time to do it seems unnecessary to me.First thing you need to do is to get actual values not Zestimates to begin your analysis. 

Cut out unnecessary expenses and be smart with your finances.