The people maliciously destroyed the property.Maintenance costs are much higher due to the tenant knowing that any damage they do, the owner will be forced to repair due to the inspections.

More cash flow with less brain damage.

The owner whose HVAC was clogged has been uncooperative and is refusing to pay us the cost of the damages.

It allows a substantial portion of the asset's cost to be deducted in the first year of service.In 2023, the bonus depreciation rate is 80%.In 2024, it decreases to 60%.In 2025, the rate further reduces to 40%.COST SEGREGATION:Cost segregation involves dividing a property into its individual components for tax purposes.Some parts age faster, like carpets or paint.Your CPA can use this info to more accurately depreciate elements of your property leading to potential tax savings.BASIS:Your basis is the initial price that you paid for your property, including any expenses or improvements.Knowing your basis is crucial for tax purposes, as it's used to evaluate depreciation & determine the capital gains or losses if/when your property sells.LAND VALUE:This is how much your land is worth without any buildings or improvements.Land doesn't get old like buildings, so you can't depreciate it.

I had a renter cause damage.

Reference checks help you verify these attributes, thus reducing the risk of late payments, property damage, and eviction issues.

“Tenant A” damaged our dad’s property and refused to pay rent for 8 months.

We are trying correct cat odors and damage unfortunately. 4) do you provide the itemized list and then once they agree you get the money to them or can this be done in one step and not be up for negotiation or tenant approval?

However, if she really can't afford the property and she gets evicted later, she still has to move and then has a bigger problem of damaged credit.But, do not rush to a decision with no information. 

This property in particular had some additional unforeseen costs (main water line damage, sewer line damage, etc.) that certainly caused us to go way over budget.