Now he wants me to treat the entire 4 unit2) He wants his windows replaced.

Most folks don't have access to those kind of funds so they take out new debt in the replacement property.

For us, they always stay and adjust to the new reality.30-DAY NOTICE OF RENT INCREASERCW 59.18.140  (reference to our state's landlord-tenant law, replace this with yours)Tenant: ____________________________________________Address: _____________________________________________Dear Tenant,As I’m sure you’re aware, during this past year rental rates have increased significantly in our area.We have personally experienced increased costs for taxes, utilities, maintenance and repairs.Therefore, we must increase rent for the dwelling you occupy.This notice is given on the date of:_______________________Effective date of change in rent:____________________New rent:____________________We value you as a tenant.  

Replace all the "I" in your steps with "My Self Directed IRA" and I think it might work.

Land lording is a PEOPLE business first, and a property business second.You will spend the same money replacing a roof on a C unit as on a B unit. 

Thus far we have demo'd the property, and we are waiting on the architect and engineer report to decide final design.

The full blown engineering report is more likely to succeed in an audit, the historical average has less probability.

The whole house needs a deep cleaning, fresh paint, doors replaced and an air conditioning unit.

The cracked band should be replaced and duringrepairs the band should be doubled and bolted or directly supported by the support posts to prevent future failure.Face-nail connects between the band and support posts are subject to failure over time.

I have replaced the kitchen with all stainless appliances, new AC and Furnace, and Water heater, new sump pump, new basement grinder pump, new pool pump, new pool cover, and done a lot of painting on the main floor of the house as well.