Ensure the plumbing and electrical connections are regularly checked for any leaks or faults.Lighting and Fixtures: Modern light fixtures and ceiling fans add aesthetic value and comfort.

The pros: - not having to do a major renovation from out of state- easier to get a conventional loan since the house is livable vs. a distressed property (would need to pay cash, do a hard money loan, some other type of financing)- can get a tenant in quicklyThe cons: - you don't know how good the renovation is, could be cosmetic without addressing underlying safety issues (plumbing, electrical, foundation, etc). - a home can pass an inspection but once someone is living in it and putting daily stress on the house (turning faucets on, light switches, turning on heat/AC etc), things can start to malfunction.

They generally will be able to deduct the amount of taxes paid in Spain against their domestic taxes.

Don't buy into this common media hysteria.Sources:1. https://www.axios.com/2023/07/24/states-jobs-unemployment-ra...2. https://www.bea.gov/data/gdp/gross-domestic-product3. https://www.bls.gov/cpi/4. https://www.bankrate.com/real-estate/existing-home-sales/

I wouldn't want to go much over 50% and my "value" might not be as high as the next guy as I assume the condition of the home is worst case, full gut, electrical plumbing needed etc etc.  

I may be wrong, but unless you are modifying square feet, you don't need to pull permits inside the 4 walls, unless you're doing electrical/plumbing?

Make sure you call licensed contractors for HVAC, plumbing and electrical. 

Progress is slow, because amongst all my properties it's the furthest away and between a full time job and landlording, I can only work on this property on weekends.I have completed re-framing, re-plumbing of drains and supply lines and new electrical rough ins, but property has no finished walls, ceilings, or flooring. 

Verbally, another told me it would be $12K per year to insure unless HVAC, plumbing, electrical and roof were all updated recently.

There have also been times when I needed to put and pay for a hotel for such things as tenting a building, do major plumbing or big repairs etc….