Obviously it's a very fine line between the two.An audit that hinges on a fine line theory isn't worth it to me.

It is a fine balance between enough and too many, which dings your credit score.

To begin with, our biggest expense was the kitchen rehab (gutted the kitchen and after all was said and done we included all appliances which we would not have if it wasn't a mobile home, but because it was a mobile with a great view, a fabulous and massive front porch, and a lovely orchard including 5 different types of fruit trees, etc. adding all new appliances was a recommendation made by our mentor as a final selling point that has gotten great feedback thus far). 

The only thing that might prompt me into more aggressive action would be if the municipality started issuing a fine each day that I know I would never be able to recover from the tenant and even then if the items had value to the tenants, I might still put them in a storage unit and charge the tenant back for that until the eviction was complete.

Sounds like a fine thing for carmakers to do, on average.

I am taking a final look at a condo near me that I hope to purchase, and if all goes well I will be living in for awhile before renting it out long term.

You should definitely talk to a finance expert which I am not but I do know a few things.

@Chris Billington Its a fine market but I don't think it will appreciate as fast as KC and not as fast as denver.

I don’t think he’s gone full guru yet, but I think that’s a fine line.

Some grew up in real estate, some worked in construction which translated quite well to rehabbing, others came from a finance background and can feel comfortable working the numbers.I'd say hedge your bets and find a way to add/supplement what your currently doing with real estate.