Here are some examples of Capital improvements and how long they are depreciated over: http://www.biggerpockets.com/files/user/StevenHamilton/file/residential-depreciation-chartExpenses vs.

I figure it would make it that much easier to rent, and could maybe even command a premium because of it.

How can you command a market share that will prove to be most profitable under your operating constraints in your given market?

It's problem after problem after problem for squeezing out that few extra percent.Landlord paid utilities will crush you especially for low end users.

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I would then negotiate the best price possible with them knowing that I would be optioning it to and end user(not myself) and make a spread on the difference.I know that's pretty vague and I'm sure you guys can elaborate quite a bit, but wanted to use that scenario as a jump off point.

Would prefer a DIY site builder with templates & a user-friendly interface.

You can subtract capital expenses and figure those separate but it is an expense either used now or to be reserved for future repacement. http://www.biggerpockets.com/files/user/Jeff1/file/sf-rental-income-and-expense-20-years

So, there are a lot of inexpensive properties out there that can still command good rents.

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