A much simpler strategy may be to sell the property, buy a new property, do a cost-seg analysis and take Bonus Depreciation. 

I bought a property using a 203k rehab loan and I was wondering about what will happen if you have reno money left over in your escrow account when you refinance your property?

.- the current rent will be around: $3700So we will have a difference of $2300 + additional fees like garbage, cap expenditure, rehab loan for the 4 units ( around $350 per month ) and others.

Partner Driven financed the Sierra Drive deal using its own capital, covering the $185,000 purchase price and $33,900 in renovation costs.

Site development costs can very submarket by submarket. 

in the near past I use it to sell off properties i foreclosed on and dont want to rehab.. buyers like it  I understand the rules.but talking Mrs old lady into this is as you note just another way to make a deal without taking the sellers interest in mind.. thats what sells these guys but if you have a sophisticated seller then  its fair game in my mind.

(They might want more since RE commission costs to seller will be +/- $50k) $600k LA at 5% interest only for 5 years = $30k/year interest income X 5 years = $150k interest income. 

If they cause a sewage back up because they are flushing wet wipes and the cost of repair is $760, who is paying for it?

Tough neighborhoods still, but plenty of fixer uppers and low cost plots make it ideal for scrappy individual investors looking to get started on the cheap.

I’m not sure that either cost anything for the buyer, but there is a big difference in cost to a vendor that sells a home.