If you walk into a bathroom and see peeling paint on the ceiling, you know that room was not ventilated while showers were taken.Wire exhaust fans to the same switch as the light so that the fan has to be turned on.

A potential challenge with a HELOCs is they are based on the current appraised value of your home, not the improved value, so you would need to make sure you have enough accessible equity.

Only about $3k was spent to make upgrades and improvements to the property.

Plan to make some tenant improvements to push rents closer to market rate for the area.

I would want to make improvements to all units and increase the rent to market value when the renovations are completed.

She paid us up front for 12 months of rent & then paid herself each month & at the end of year 1 she paid us for another 12 months...she did this until her credit improved. 

There are a couple of unique tax laws to real estate investors - 1031 exchange, bonus depreciation on certain improvements, Qualified Opportunity Zones, real estate professional status, etc.Make sure that the accountant you interview to understand the above concepts.best of luck!

Hey @Bailey Rentz, I'll say that we use QuickBooks Online exclusively for all of our Clients and they are constantly working to improve the bank feed feature and specifically the connections.

For example, if you buy a home for 100k, and then improve the property and now it is worth 200k. 

A HELOC is a great way for you to self-fund the improvements.