I would also consult them prior to spending any money on signs, business cards, logos, print materials on the like to ensure you are complaint with state rules and their brokerage rules.   

Can I deduct all the expenses (materials from Home Depot) from fixing and upgrade my basement for my tenant?

Because there’s some asbestos in the material above it, we decided to just abandon the damaged piping and reattach further down the line.

I could make this really "smart" and more complex by factoring in additional variables into my formula, like current vs. effective age (if I make a repair the lifespan of the appliance will be increased), time value of money, efficiency of newer appliances vs. old ones, etc. however my goal wasn't to get overly complex, and just make a simple formula to make better data-driven decisions on this semi-frequent occurrence.To use the formula, you would just enter/change the values highlighted in yellow on the spreadsheet and the rest will auto-calculate.If you spot a simple way to improve the formula or think I forgot about something, please let me know and I'd be happy to improve the formula.

@Joshua LiraPersonally I use my two credit cards from the orange box store to finance materials.

I've read probably about 15 books so far on real estate, or related material and the best one for me has been "Millionaire Real Estate Investor" by Gary Keller.

Labor is cheap material cost similar to the states and I feel I have a great team helping me in CR.

I want to start buying some materials in bulk.

That has a material impact on your rates for 12-18 months as they will fill their facility at all cost and increase pricing as they get closer to 90% occupied.The most important thing when looking at a market is understanding what the current is, what's in the pipeline, and understanding the rates & vacancy in the market.

Depends on the material and depends on the job.Pros: 1.