If you have to restore with only certain materials or methods, that may increase the amount of coverage you will need.2.

I have learned that a poor refrigerant charge can make compressors run much more often than they need to, substantially increasing electricity use.

The increased basis will lower your gain when you sell if you are subject to tax.

Thats increased from about 4500 just a couple months ago..  

From the podcasts, I understand that values won’t increase rapidly and I’m OK with that as I want to buy and hold and pass them on to my children.

The property value is expected to increase in coming years and the area seems steadily on the rise.

We noticed this because we asked for a rent increase and the letter gave the 2 bedroom voucher info.My understanding was that it was possible to get a tenant that was in section 8 out of a unit, if there was a disagreement on the rent increases.

That said - it’s got the room, it just might lower your ROI some if you put something like $200 each /mo.Also - double check that taxes won’t increase when you buy the property.

Rents total $4400 and probably have room to increase 100-150 per unit right now.  

Originally, my rehab budget was about $63000 which included roof, siding, total redo on the inside, new furnace, air, and duct work (currently has old boiler system and no duct work) I had several companies say they wont do loans for less than $75000, so i increased my budget, opting for higher end counters, etc...