The 28th of December is my scheduled close on that one, but I am still in the feasibility period so they still can back out for another couple days.I have another rehabbed 11 unit that brings in about $5500, utilities right now run about $1,000 a month for gas and water, but that should drop in the spring to about $300 a month when I install some new electirc heating and air units (tenant pays electric :D ) .

My biggest worry would be liability protection - ie if you install say a hot water tank and it floods a persons house is there protection from someone going after your personal assets to collect damages?

I REALLY don't want to replace the carpet seeing as they were the only ones to live on that carpet since it was installed just before they moved in!

Here, I have ridge vents installed with new roofs.

Now you have a leaking hazard that invites rodents and loses heat/AC.I like range hoods and install or replace them in all of my places.

These solutions would have to pay off within 2-years (the typical holding period of the buildings in the portfolio) so something like installing solar panels wouldn't fit the bill.

Install the glass with window points and putty, and you are good to go.

I hired a gardener to come in an trim all the trees, install sprinklers, and clean up the backyard (lots of debris from previous owner).

It looks like the tanks are most likely to leak if installed before the 80's.

Just finishing up a rehab for a new rental and I have a question about capitalizing installation charges for appliances.