Dwelling suffered fire damage throughout the interior and exterior affecting framing members, electrical, drywall, and insulation.

Maybe the roof blows off in a storm before the end of its service life and all of the roofers are charging double and triple rates, and if you don't replace it the rain will come in and destroy your ceilings and your renters will leave and you will not have anyone as a customer for your business because the interior is destroyed. 

Junked it out, cleaned up landscaping, drywall repair, texture, paint, new interior doors and trim, new waterheater, new floors in kitchen. some new floors, countertops, new roof, painting cabinets.

We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.ere are some progress pictures.News, we are closing on a house and have a duplex under con .

We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.My contractor is also an investor, so we were lucky there, good insight to share and also, he has lots of leads for renters.But he is NOT a good photographer LOL. here are some progress pictures .Also, I will like to share that we are closing on one more single-family property early next week and we have a duplex under contract.

I had not thought of the interior decreciable assets until now to gather for my CPA.I have to say the 1st part went well considering the issue with the buyers lender and the property insurance.

As mentioned, the good ones get $20 or $30 per month increase on 6mo lease, bad tenants get $100 or $200 rent increase.As you are doing exterior renovations, start interiors as tenants move out.

Purchase price: $1,170,000 Cash invested: $900,00016 Unit Value-add property we significantly renovated spending $35k per unit doing interiors, exteriors, and amenities.

Interior and exterior renovations and improved management plan in order to increase rents closer to market and mitigate expenses.

What about interior finishes?