There is a specific exception in the Internal Revenue Code for rental activities, so self-employment taxes will only apply if you transform the activity into a non-rental activity (by providing substantial non-rental services).

They have loved the demo work and have been amazed themselves at the transformation and what they can accomplish in an afternoon. 

It is our intention to keep adding rentals to our portfolio  for a while, as we are well-suited to owning and maintaining buildings, and we really enjoy the process of buying ugly properties and then transforming them into something that can bring us a really regular income from renting them.  

Also, Brookland Park Boulevard is undergoing a transformation near Chamberlayne Avenue that may help Highland Park as well.Still, I don't like to bank on appreciation with real estate investments and I don't think that the housing stock in Highland Park will lead to the high end renovations going on in surrounding neighborhoods.

That way you are transforming what you are currently paying in rent into equity, and getting some experience investing.There are also tax benefits to this.

It has potential in a transformed location.  

It has potential in a transformed location.

After we finished the rehab, we had her back over and she absolutely loved the transformation.

When you get clear about what you want, you can begin transforming yourself into the person that can attract those things.

The way I understood the issue is that most standard power supply transformers for doorbells don't put out enough power.