The plan was to upgrade 10 units at a time and increase rents after that.

Thank you in advance for your time and assistance!

A really filthy appliance or bathroom can extend the time it takes to clean considerably.

Initially, we bought the larger house 7 years ago because we had family members living with us at the time.

It's an incredibly popular change, so I'd be surprised if we don't see it again.As to the retroactive point, it's not happening.

I keep getting the question each time "Can you introduce me to more investors that live there in Indy".

Make and save as much money as you can, spend as little as you can / avoid consumer debt, and invest in the highest yielding investments you can.

Quitting your job to do real estate full-time is obviously attractive.You could listen to all of us telling you not to do it, but sometimes you just have to take a chance and make the best of it.There's a lot of successful people that didn't know they could fail and succeeded despite the odds.

@Justin MummBesides giving the family time to grieve you can refer to the lease about non-payment.

Since you started renting the property on December 1, 2023, you can only deduct expenses like utilities, insurance, and repairs from that date onward.Any expenses before that date (like remodeling) are considered capital improvements and must be depreciated over time, not deducted immediately.