Using this formula I calculated my father bought the home for 68,500, which I understand would be my basis.It’s now worth about 940,000.As for improvements, the house has new roofing, bay windows, marble entryway, new fence, new pool heater, sprinkler system, satellite dish, security system, and I’ll put in new flooring.

I did find out that installers are not allowed to run new wire without the landlords permission though. http://www.fcc.gov/guides/installing-consumer-owned-antennas-and-satellite-dishes There is some case law: http://petriestocking.com/blog/2012/08/08/landlord-sues-the-dish-network-for-the-costs-to-remove-satellite-dishes-from-his-rental-property-and-wins/ I found this helpful webpage: http://free-landlord-help.winnfreenet.com/dish.phpBiggerPockets dosen't seem to like links to some websites, so you will have to cut and paste.

I literally decided 30 minutes ago when I was doing dishes how much I like it.

The "dish" in the corner of the living room is even more obvious, as is the condition of the tile.

Oh, one little tip if you do decide to re-tile a surround: in rentals, I do not install a soap dish on the long wall...instead I install on the wet wall (where the faucet is).

Oregon seems to be in the candy dish side of GC.

That said, I never really considered it a huge downside since doing dishes for one person doesn't take that much effort.If you were starting from scratch would you add a dishwasher to a rental unit or just skip it?

@Jon HoldmanI appreciate the kick in the as*, this made me realize I should factor a larger portion of my proceeds to the "UN-expected".I have to agree, some years you do have it great and some you dish out a TON of money.

I mean the podcasts, blogs, and forums are WAY higher up on the value scale than any of Rich Dads trainings.I mean the Rich Dad coach was teaching people who must have dished out thousands what subject tos and land trusts were.

How do you deal with the chance of tenants letting all of their friends come over and shower and do their dishes?