I guess it's just too many factors to consider and it easy to get overwhelmed and cannot get accurate info and estimation when I conduct analysis (ex. property tax rate, insurance, maintenance fee, rent, repair, closing cost, etc.) 

I find that cash flow is very important so that I don’t have to come “out of pocket” to pay for major improvements / repairs  

This ensures you have a clear picture of what repairs are needed and helps avoid surprises during the rehab.

This could make the sale more appealing by solving a logistical challenge for the landlord.Things to Keep in MindUnderwrite Conservatively: Make sure you account for all costs, including property taxes, maintenance, and potential repairs.

Budge for unexpected repairs.

Quote from @Alecia Loveless: @Natalia Perlova Absolutly no to the Sunday repair.

I left that job to join Roche Tissue Diagnostics where I repair medical instrumentation across the Midwest. 

You'll need to cover inspections and repairs.

Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000

Fourth: even if the entire deduction is available, it results in much smaller automobile deductions in future years and extra taxable income when you sell the vehicle or trade it in.