@Felix StoneFor me it was deciding not to move out of my starter home up to a nicer area when the rest of my colleagues did.Appreciation went crazy which gave me great access to a big pot of money to make moves.

I allowed them to move a few things in prior to their official move in date of today as I was completing some construction projects within the home.Yesterday evening as we were finishing up some of the painting we moved a pot/pan of the tenants and inside were two cockroaches.

With my above explained limitation: if something can be expensed and does not have to be depreciated as an integral part of a building then it should not matter if the new item is an improvement or not.Replacing a 15 year old simple range with one that has a self cleaning oven with 10 different functions and has a glas cooking field and basically also does the shopping for you all in one is clearly an improvement over that 15 year old one which always burned the turkey on the one side.

If you're sitting on a pot of money all year until you find another good deal it probably makes sense to use the IRA.

Now afte a month of showings, the landlord tell me no body liked because of the cooking smell.

You know it won't make you any money, but if cooking eggs in a 15,000 kitchen and pooping in a 10,000 bathroom make life worth living, go for it.You know it's not though, and that's why you're putting that money to work.Every one of my tenants have a better car than me and live in new or < 15 year old home.  

Pot burns, cuts etc.

If your rental is in Palatine, or more accurately Cook County, it is against the law to discriminate against section 8 voucher holders or have different requirements for sec8: http://www.illinoisrealtor.org/legal/issues/sectio...Common ways around that are if the unit won't qualify based on condition and you won't make repairs to have it qualify, or if you have a security deposit and the voucher holder can't afford it (although you have to charge EVERYONE the same deposit).My somewhat limited experience (compared to some others here) is that its like dealing with any other tenant.

IF you do it right.Coming from someone who grew up with a gravel driveway - have the tenants pickax or till up the pot holes.

We have them simplified on our listing but this is more detailed:1.The property is located at: 2.The property is furnished and includes:Dishwasher, washer, dryer, refrigerator, stove, microwave, small appliances such as a toaster and coffeemaker, linens and towels, dishes/glasses/pots/pants/utensils, towels and bedlinen, TVs, treadmill, internet access and firewood. 3.Please bring your own personal bathroom amenities are not included. 4.We request you use septic safe toilet paper which is provided and the provided dishwashing detergent and laundry detergent which is also safe for septic systems. 5.Rental Party:  The guest is responsible for the behavior of all members in his/her party. 6.Maximum Occupancy:The maximum number of guests is limited to 8 adults.