In July, the tenant purchased a $8500 new 3 ton AC unit to replace the already working unit (previous was a smaller size that he was unsatisfied with).

Take floors: My area it is $6 sf to replace.

Found a renter for 9600 sf building to replace industrial renter and build out a billiard club.

It makes more sense to just obtain a larger HELOC to replace the current one.

We have never done one of these and i dont want to muck it up..Normally we do use our attorney and work with him to cover the leg work so costs are a bit lower... however hes moved on (away from SC)  And the replacement attorney is a little less attentive ( prob cause we have not closed 30 deals with him ..lol)  He is also not interested in helping out the buyer...

Moreover, should that roof need replaced, you again have access to the money for the project in the stored "equity" of the property itself.That would be a very safe start.

I brought a 8 unit that needs repairs or replacement of HVAC systems. would appreciate any recommendations in the triad area especially Thomasville.thank you

What if doors need to be replaced?

Minimal HOA.Assuming that rent, 20% down payment, 50% vacancy rate, the cash flow would not be super, but one of the main reasons for my interest in real estate in the immediate present is the effect in reducing our taxable income, rather than for providing replacement income.

It is so hard for me to hold back on not replacing something, just so it looks newer or more trendy (for example, swapping light fixtures and door knobs when the ones there might be okay .... or wanting to swap all switches and outlets to Decora when the standard ones already there just need to be cleaned real good).