Albemarle county tends to have pretty strict regulations when it comes to zoning and building.

BP has great calculators that will help you look at the deal form strictly the numbers side.  

You have a de minimis exception which is set at $2,500, and it can be doubled to $5,000 if you follow certain strict and tedious accounting practices known as AFS.

I am more interested in investors who have tried to get out of the contracts because I am being told the contracts are very strict and don't allow the change.

Bonus depreciation is phasing out, but a cost segregation study can still help with tax benefits.Make sure to stay compliant with local laws and HOA rules, as regulations are strict.

In some areas, there are some really strict rules for creditors when it comes to homestead law.

The cat is not on the lease, and we have strict rules about that.They indicated that an older child moved in with them temporarily, trying to figure out a housing situation.

If you could work it into a combination STR/MTR and rent mid-term to people working in the area for the down months, the market could work, but aside from that I don't see a ton of value in that market for the prices you have to pay, you basically have to make a years worth of expenses in a 4-5 month span.I don't have specific knowledge of any of the other markets on the list, but based on this one it seems like not much analysis went in to any of these properties and its strictly based on a rough estimates of revenue.

So, when you replace something and make it bigger, better, or last longer, it’s categorized as CapEx.On the other hand, repairs are generally routine maintenance tasks that keep the property in its ordinary operating condition.

Very old building as well , my client was very strict with how much money he wanted to invest in the building.