I'm thinking this is considered a building improvement and needs to be depreciated 27.5 years SL? 

Pool Renovation $17,302 1) Pools resurfacing for 1 pool at Villa Roof replacements $47,525 1) New Roof for Westers2) Roof improvement for Cumberland to eliminate stagnant water Security Systems $9,458 1) Camera monitoring systems - 16 Channels Signs $10,000 1) Temporary Signage for the property Water Heater replacements $31,314 1) 3-4 Water Heater replacement for the property Grand Total $1,348,741See below pictures to see before and after.

Robert,Not yet, but I'll tell you what I just got off the phone with one of my close buddys that practices real estate in Florida and he is open to doing a joint venture on an apartment building in Ohio.

Going to check out an investor brokerage this Saturday who hosts's ARV practice evals a few times a month.

Your contribution is the land and he pays for all the improvement. 

You can now use the loan to fix it and sell, or you can repair it with your cash to improve your equity and ask the banker to extend your credit line.

And when you then later sell it is once again that basis plus any improvements that constitute your adjusted cost basis for sale. 

We bought a nearby property and moved out.We're now trying to sell the property, but with close to $100k in non-house improvements (well, electric service, house pad, barn/workshop, fencing, etc.) it's a tough deal for a traditional lender to process.

This is a very poor business practice.

Get connected with at least 1 more wholesaler and 3 more contractors to improve deal flow and increase likelihood of being able to move on an opportunity.