Just like if there is a plumbing or electrical issue those subs come back no problem..

I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.

., electrical, plumbing, foundation, etc. 

I would have a GC give you a complete and detailed Scope Of Work for the reno budget....IE how's the electrical and plumbing?

I’m a portuguese handyman with specific knowledge in house renovations with skills such as plumbing and electricity covered as well. 

Also what type of repairs-new hot water tank, replacing all the electrical and plumbing?

We may not respond until Monday morning for a broken blind, but for HVAC during extreme temperatures, plumbing leaks and other emergencies we will and I don't understand why any owner would not want to, just out of self interest.

These expenditures are capitalized, meaning they are added to the property's basis and depreciated over time.Examples of Capital ExpendituresBuilding Additions: Adding a new room, deck, or other structural improvements.Major Renovations: Remodeling a kitchen or bathroom, replacing the roof, or significant electrical and plumbing upgrades.Appliance Replacement: Installing new HVAC systems, water heaters, or other major appliances.Structural Repairs: Replacing the foundation or significant repairs to the building’s structure.Labor CostsLabor Costs: The costs paid to contractors, electricians, plumbers, carpenters, and other professionals involved in the renovation are part of capital expenditures.Example of Capital Expenditures with LaborSuppose you renovate a rental property, including a new kitchen and bathroom.Materials: $15,000Labor Costs: $10,000Total Capital Expenditure: $25,000This $25,000 would be capitalized and added to the property's basis.

We sub out all electrical, mechanicals, plumbing, and some exterior and flooring. 

No active problems, but is an old house with basement crickets, house centipedes and the occasional american cockroach  coming up the plumbing.