Isn't that coming out of our pockets? 

BOOM - retirement started with a bunch of cash in your pocket and no tax bill to slow you down.

Then maybe you are able to roll that money into a downpayment on another primary and an investment property.As for whether you should be looking for a loan for the work vs. paying for it out of pocket.

I'm new to bigger pockets but I'm not new to real estate investing.  

At that point I dont know investing would make any sense, I have heard scary stories I was thinking about short term rentals but that needs constant cleaning after guests and conpetition is very high my friend spent almost 200k out of pockets to buy a property for airbnb and he got 17 bookings per year....

It's almost impossible to get deductible amount on some instances and owners are paying out of pocket.

They are over 300 years old and have deep pockets which allows us to self fund all our build projects and get better deals and bulk pricing in materials and other services We can pass these savings on to our buyers.

I wanted to wish a Happy Holidays to everyone on Bigger Pockets.

Horror story #2: while selling off one of the Class C Indianapolis properties, buyer asked me to pay replace the sewer line before closing... absolutely not...here's a partial credit (check to written out to contractor from closing proceeds so buyers don't pocket the money) 

@Ethan Slater Welcome to Bigger pockets..