If there are tons of homes with pools and wide open calendars yet the few places with PB courts are booked out, there's your answer. 

I have been doing TurboTax for last 20 years and some of my real estate i purchased were in 2009(condo) and 2013(townhome) timeframeSince you purchased your properties in 2009, you likely purchased the properties at a lower price point than what the houses would sell for now.This means that your depreciation would be lower than others who purchase homes now.You should still have a benefit by depreciating the homes.

We were helping a friend renovate a house which had been home to a heavy smoker: one room was so bad - owner had smoked in the same chair for 30 years - that we had to replace the sheet rock on the walls and ceiling.There have been some studies in the past few years showing that the chemicals from cigarette smoke, even when encapsulated with paint, eventually come to the surface exposing future residents, in particular young children.  

Let's say the home is listed at $500k for easy math and homes newly renovated are worth $800k. 

Hello,I’m interested in flipping single family homes that will need extensive remodeling and may have been gutted.

Hello,I purchased my first 2fam home with 2 other partners (living in one unit).

Let's say you want to build a lead list of 1,000 physically distressed homes in a target zip code with a distress rate of 10%.

I'm thinking about getting personal liability coverage from my primary home insurer but am yet to find out if it works as I don't live in Texas.

So home is being sold for 1.2-1.6 in the same exact block.The 1.2 is usually home without updates, lets say you change everything into that house, you spend 100k.

I am all good now, and thank you again for the tip!