It is pretty pricey IMHO for some but worth it as a luxury kitchen item.$349 - Breville the Infuser Espresso Machine - https://www.amazon.com/dp/B0089SSOR6Now this is a semi pro level espresso machine.

I plan on having kitchen remodeled, new flooring out in, and a wall removed.

New roof, siding, soffit, fascia, flooring upstair, repair fencing, yard work/landscaping, new flooring upstairs, new vanities, kitchen remodel, new paint job What was the outcome?

Also the majority of those costs to covnert to a 2nd unit will need to be capitalized and depreciated, but some things (new appliances, flooring, paint, kitchen cabinets) can be shorter year assets vs. across the full 27.5 and IF it turns out that unit is > 50% you can use bonus as well on those items.

But I just put a ton of money into the second place for a new kitchen and the first place is not in an area I want to live in anymore.

And they had taken the kitchen cabinets apart and burned them in the fireplace for heat.....I salvaged some and painted over the burn marks, didn't look half bad....ya can't make it up, right?

I see investors selling for $100k-$125k above purchase with full kitchen, baths, flooring, paint, etc rehabs.

I gutted it and added new drywall, new light fixtures, new bathrooms, new paint, new kitchen, new furniture and new flooring and new windows.

The property is being modernized with brand new floros, kitchens and bathroom, windows are being added.

I assume you are probably losing a few of those bedrooms for living rooms, kitchens,  hallways, stairways etc. if converted from 2 to 3 units.