Sara,You can’t amend the previous lease, but you certainly can add an addendum if you and the tenant agree on a change.

I believe you can if but they’re are some considerations.

You can google rental property <item> depreciation schedule for anything you’re improving. 

I've been exploring new strategies with the BiggerPockets community, and I recently stumbled upon two completely free courses on self-directed IRA investing that changed my perspective. Imagine turning your retirement...

That is why it is hard to get regular real estate loans on assets valued so low, the cost of the refinance makes it so you are paying higher than they can legally charge you percentage wise.

I'd check local STR FB groups and see if you have a local Real Estate Club.You can offer your services there, maybe for free in exchange for the experience.

Adding value can be as simple as answering a forum with your knowledge and experience!

Hey everybody! I just got done analyzing this property with the Fix and Flip Analyzer. What would you do to improve it? View report
*This link comes directly from our calculators, based on information input by the me...

I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.

With the right resources and help, you can still make it happen.There are options that can help make buying a home possible today — even if your savings are limited or your credit isn’t perfect.