We have a line of credit that funds the rehab costs.  1, Form an LLC if you have not already. 2,Track all of your expenses accurately.  3,Talk to a CPA about what you need to track and how (Ex:  new appliances for a home are taxed differently than flooring or paint, insurance, Mileage, disposables, tools, etc.) 

Granite countertops and new stainless steel appliance.

Make sure to follow their inspection list, the inspector checked everything on that list, testing every single plug in my property, turn on every appliance, hot water.. very thorough. 

The kitchen was void of appliances and torn up mattresses in the bed rooms.

My property was broken into and there are signs of drug use, copper pipes were stolen, appliance control boards stolen, damages caused, camera system was stolen too, and much more.How does insurance look at this?

The renovations included new flooring, fresh paint, a new HVAC system, updated bathrooms, and the addition of stainless steel appliances and granite countertops.

You will also need to install a shower pan, a shower enclosure, and a showerhead.Kitchenette: To add a kitchenette, you will need to install plumbing lines to the location of the sink and any appliances you plan to include, such as a mini-fridge or microwave.

.• Needs lots of new paint, floors, wallboard, plaster repair, fixtures, and updated appliances.3.

@Mike LeybourneI haven’t heard of using a home warranty to cover appliances.

.- We've upgraded 75% of the units with fresh flooring, paint, cabinets, countertops, and appliances as needed.When we took over the property the 16 units were producing around $9000/month in gross rent.I just checked our rent roll today, and we just crossed $17,000 in gross income monthly!