Obviously I can document the Cleanout from my Cleanout guy’s bill, I have no problem with normal wear and tear, but how do I charge for my time?

A collateralized loan would be much cheaper than a construction loan, and there's no capital gain incurred.Generally speaking, it'll be tough to make money tearing down one unit to build just a few units; you'll often need 5+ units to make up for the one you've torn down.

I've seen some really good renters get an animal from the shelter that is 3+ years old  but it's not trained and scratches up doors, tears up flooring, chews window ledges, etc.

Sort of a question more of an inquiry I suppose total monthly cash flow and total monthly expenses could be used to estimate gross revenue and gross operating expenses to calculate NOI not counting the Xfactor( you know murphy’s Law) Which if one knows the condition of each component( how old is the roof how old are the windows etc…) of their house one could make a certain educated guess based on the probability of the wear and tear of each component(roof window etc) to then come up with a ball park estimate of, if the components likely to break do break how much will it cost.

I was literally a wash in tears of joy for the next several weeks… and spent the next several months in several years learning everything I could about all the aspects and all the options in real estate investing, getting a much clearer view of what was possible and what I actually wanted.

Maybe wait to see the wear and tear you do in the next 2 years.  

I just can't see housing prices continuing on this tear like they have been for the last 2-3 years continuing indefinitely, especially with a decreasing population, again, speaking about just my area.

The roof has at least five years left in it, and I suspect that this would be a 'gut and tear out' type of job. 

Less money spent on supplies, less wear and tear on your place, less money spent on utilities, fewer guest headaches, etc.Bottom line: there’s a LOT of puzzle pieces you have to get right to make this work really well, but once you master it, it can be very rewardingI preferred to invest in the year-round high revenue parts of the US where you can earn a lot of money year-round.

In theory less wear and tear on the unit itself, furniture, less cleaning, etc...What’s your method for determining your nightly rate and how do you ensure your maximizing your potential?