Assuming you're contracting it out make sure you get multiple bids and I'd do the bare minimum inside or do that yourself (unless you're going to make it a hangout spot as a feature for guests - could also do this over time as you see increased cash flow).

It barely scratches the surface. 

I actively participate in Bexar County and Texas County and have been since 2017.There are some true statements and false statements in the comments.

Finally, make sure that your short-term rental (STR) meets IRS requirements and doesn't get classified as long-term or this could prevent you from leveraging this tax strategy event though you are materially participating in property and it was placed in service.

Passive activity losses are those losses from activities in which the taxpayer doesn't materially participate.

Finally it is not helpful for a debate or discussion when participants don’t bring facts or their personal experiences but rather resort to specific political talking points. 

Thought about using that equity to buy a larger apartment complex but from what I've seen most of them in my price range <3m barely service the debt. 

This isn’t just good news; it’s the biggest monthly leap we’ve seen in a year, and it’s even left the experts pleasantly surprised.Let’s Break Down What’s HappeningHere’s a quick snapshot of the latest trends that show the market's heating up just in time for the spring selling season:- New Listings: Barely nudged up by 0.1 percent to 680.

A borrower must choose his or her own contractors to perform the needed renovation.Ø All Contractors participating in the HomeStyle Renovation Program must complete a Contractor Profile Report.

I never understand people that dog the *voluntary* sites they participate in; if things are so bad around here, why not just leave and go somewhere else?