For example:-A tenant complained about the AC not cooling, so I replaced the entire unit with brand-new equipment.

If the house is listed as-is, there won’t be much room for negotiation (ie. seller concessions/credits), but you can offer a price that factors in the rehab components.

Let’s unpack your ROI question in a way that reflects the reality of your financing setup.When calculating ROI with multiple loans, you’ll want to include all financing components in your cash flow analysis.

If you are purchasing that MF property for $1 mil then you can use the 3 units as your replacment for the 1031 exchange ($750K of value) and live in the last unit ($250K of value).An awesome way to house hack your way up!!! 

The bathroom and kitchen were replaced.

@Angelica CrawfordHere's a very helpful article about replacing the value of the debt: https://www.ipx1031.com/replacing-debt-in-a-1031-exchange/

I did minor improvements to both of those, but unfortunately had to replace the roof on each (Flat roofs suck, lesson learned).

Just keep in mind that it's not all about rate and fees - there is a considerable knowledge and expertise component that should be considered as well.

Disallowed losses under wash sale rules increase the cost basis of replacement securities, potentially reducing future taxable gains.This post does not create a CPA-Client relationship.

My landlord insurance will have to cover the costs of fixing the interior like replacing carpet, interior painting etc.