Hello all,    I have performed some basic rule of thumb tests on renting out a property of mine, but before I fully commit I would like to double check with you all.I have a single bed and single bath house, 650sq ft, built in 1905. 

How have you documented the improvements in your current lease?

Thank you, but one more question I was wondering what capital expenditures include and how it is separate from maintenance repairsthanks againCapex is like the big-ticket stuff - think roof replacements or major system upgrades that improve the property's overall value and longevity.

If it is the FHA 100 rule - you need a pretty narrative of why you are relocating.

The second portion being anyone who would refinance this and make the loan happen for you is also going to want a total project improvement budget which would include the amount you've spent already as mentioned above and be ready to show receipts and invoices.

Is there any rule of thumb for occupancy as the business grows from year 1? 

So, you'll be subject to those rules and probably couldn't take them directly onto your 1040...I know businesses can have startup costs which I thought were amortized over the business somehow. 

A rough rule (very rough?) 

Investing your Individual Retirement Account (IRA) in real estate presents lucrative opportunities, but it entails specific rules and considerations.

But a lot of the time the surrounding houses have been sold quite some time ago, and they are incomparable when trying to use appraisal rules.