Be sure to employ pattern-interruption also.

For 20k in rehab you should have a new ac and furnace, hot water heater, updated plumbing, a new sink in the kitchen and bathroom, laminate flooring in the kitchen, new tile work in the bathroom, refinished floors, new ceiling fans, some light exterior work and some misc etc.

On the refaces we just paint the face frames white and he comes in and measures and cuts out the cabinet doors out of melamine that has a slight off white wood pattern.

Calculating the depreciation base, typically guided by a CPA, is the primary complexity.Except figuring out the depreciation base to use (what amount from the total acquisition cost goes for land and can’t be depreciated, and how much goes for the building/improvements to be used in the segregation and depreciation calculations, and even that should be an easy answer to figure out or get from your CPA), the rest is simple stuff your CPA will not know anyway (thus him sending you the “survey”) like, the sqft of the house, the length of the fence and if wood/iron/brick, how many ceiling fans in the house, how many cars garage, if carpet or tile in what room, etc.

We prefer tiled tub/shower surrounds and so do the tenants.

:How important are garbage disposals for fully renovated apartments with fully renovated kitchens, granite counters, porcelain tile floors, dishwashers, pendant lights?

Prior, most syndications were structured as a Tenant In Common (TIC) structure for the 1031 exchange investor.As a result, many of the active DST players are either reinvented from the ashes of that crisis, or entirely new.There are some inherent (unanimous voting by all members to make any decisions) reasons why the TIC was replaced by DSTs, but I’ll save you the history lesson.The most useful lesson coming out of the last recession (and I share your perspective on the cyclical pattern coming around the corner ahead) is how different asset classes faired.You can get that data from public filings from REITs, who have to report far more data and intel than OTC private placement investments.Fast forward to the COVID crisis.

The increase in interest rates follows a similar pattern as the one seen between 2004-07, however I believe that there is one major difference that makes today's market less likely to see a similar surge in delinquencies: a lower % of variable rate mortgages (Figure 2).

This is confirmed with other Indy area homeowners and investors I talked to, no predictable pattern of property tax increase unlike California with 2% max increase a year. 

We have wood floors, tile, LVP in nearly all of our units (800 units) and rarely get noise complaints.