Some costs MAY qualify as startup costs if the rental rises to a qualifying trade or business level under 195 as well.

However to save money when she had the house built, she left the basement unfinished--it is just studs, insulation, and windows/doors, plus plumbing in the foundation.

I sent her a 5 day notice via certified mail with return receipt requested because she wouldn't answer the door or answer my phone.

Doing so usually cracks the walls and can make door jambs out of alignment.

Estimated cost for remaining changes (all new electric, drywall, tile, fixtures, cabinets, roof, doors, windows, heat pump, some siding, and fencing.

We currently manage around 150 commercial office doors in Gwinnett County, GA. 

He believes that area where he will be buying the new homes is going to appreciate and attract more MTRenters, but now, the big difference is that he would now have 3 properties that can go up (or potentially down) in value, go up (or down) in rent, and three times as many vacancies to fill.My back of the napkin assessment is that for only a drop in $200 a month in cash flow, he would control a lot more assets with growth potential and as rents rise over the coming years, the combined rents will increase to a total more than the single rent.HOWEVER.

It took a bit to wrap my head around there being luxury homes intermingled with 5th wheels next door, etc., but their lots were like parks.

I have over 101 doors now.

Non-renewal notice sent today and posted on their door, allowing for them to leave anytime between Feb 1 and March 31 with a refund of their rent on a per diem basis (if they've paid for that month).