So if you have one unit advertised for rent on 6/1, another on 8/1, and another on 10/1, this will affect the depreciation  % on the tax return.Repair vs capex: capex would typically include all costs prior to the property being placed in service INCLUDING mortgage interest, insurance, property taxes, utilities, etc.

@Wiey Underwood Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

All prior currency changes were led by a gold standard.  

We had a third party report done for our prior offerings (similar to how a mutual fund has a third party verification report to verify the returns). 

"Evicting" squatters who were allowed to live on premises from prior complacent owner was interesting to say the least.

He collected first/last/security payments prior to move in date and was never heard from again.

Don't take their unofficial advice as gospel, so do appropriate due diligence prior to making changes to the property. 

Bank would want 20% down (200k) and the State on board prior to releasing funds for buildout.

When the houses were just acquired it usually took me two to four weeks to get a tenant in them though I had some that were rented prior to make-ready and renovations being done, that's happened a couple of times.  

This is an ACH deposit, and must be processed prior to any bid at auctions.