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.

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.

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? 

I have been trying to find if there is a wall assembly material that can act as stuctural, shear strength, insulative, interior surface and exterior surface.

And bear in mind that you will have to to the rest of the interior as well.

But thats what I'm using a lead grant for and some interior stuff.

Full kitchen and bathroom remodel, new floors, drywall, interior and exterior paint, landscaping, and misc.