Every project needs a quote and you should be able to estimate the material costs.

Then if I have additional concerns I call in an expert to get further information and an estimate on what the repair will cost.

Speaking to a contractor, just to remodel 3 of the 8 buildings could cost around $750,000. 

Oil heating costs are outrageous and you also have to deal with leaking tanks which can be a nightmare.

Quote from @Melanie Baldridge: In 2025 the bonus depreciation rate is 40%.This means that if you bought a property for $1M in 2025, did a cost seg study and found $300K in eligible assets that you could depreciate, you could take 40% of that $300K as bonus depreciation to offset your income in the first year.40% of $300K = $120K.You then apply that $120K to the owner’s personal tax rate to find the final amount that they can defer in year 1.If your tax rate is 37%, you can defer $66.6K.This is a big deal even at the 40% bonus depreciation rate this year.It’s a massive benefit 

Be conservative on your rehab budget, rehab timeline, holding costs, etc.

Great reason for not pulling deductions forward.I have been retired from a W2 job for some time and my income is at an all time high and will just keep going up with more RE investments. 

A lot of it is the standard Buildium application, most of the extras I put in there after reading Landlording on Autopilot by Mike Butler.Application fee needs to cover all your screening costs. 

The question is, what is the intention  of the owner, not what would a reasonable person think is the intention of the owner.

We offered 407 and asked for closing costs.