Mixing rental with live-in owner units always end in tears.

After digging into it, the cost to rehab it would be more than to tear down and rebuild.

My town in New Jersey is going through a large 46 acre redevelopment, for which they are tearing down vacant strip malls and redeveloping with 800 apartment units, retail shopping, mass transit to NYC (busses), technology center and medical building.

Boards tend to get loose due to weather conditions and normal wear and tear.

@Matt Michaelson agree 100%.We own a roofing company and we get asked all the time same question how much does 20 sq shingles cost to tear off and install.

I always thought paint was part of normal wear and tear.

Regarding the security deposit, you can deduct from the security deposit for unpaid rent, property damage beyond normal wear and tear, and other unpaid obligations under the lease.

There are a few key benefits you should know about that can help you save big on taxes.Depreciation: This tax deduction allows you to write off the wear and tear of your property over time.

Less electric bill for the tenants, less wear and tear on my AC units.  

It depends if the problems are due to normal wear and tear or the tenant.