Based in Australia for the most part and given the nature of our property market and my personal investment goals the US market holds more appeal to me.Stumbled upon this place thanks to the power of Google when looking for more information and looks to be a great community and resource for learning!

Im here in City of Atlanta and I have a house that need a full Kitchen, light electrical (cut wires in 2 room, install light cans, wall fix/holes, ceilings re-installed, full bathroom. 

The shocks we have seen over the years include Pandemics (SARS, HiNI ), Terrorist Attacks (nyc, paris, London), natural disasters (many).

The house needed some light rehab to replace the flooring and paint the interior/exterior entirely.

Ive noticed more and more that there are many distressed homes in the Bucks and Montgomery county, PA area and in light of what is going on with the economy right now, the market in this area is still very hot.

That's just- tax law.I realize it's not providing you with benefits- but it doesn't change the nature of what you're doing which is a self rental and will have tax implications.  

@Gene Guarino Would love your thoughts on some of the above concerns about opening a RAL in 12 months in light of current COVID conditions. 

I have been doing all of my analysis using 30 year terms, so naturally this changes my ROI significantly.  

Here is the breakdown:  - Price for Door and Transom - 1600, - Material 340- Custom jamb and labor to install everything = 1260Here are the details of job:- supply and install double 32 inch door with 5/4 jam thickness with 4 5/8 clear pine jam ,6 ft 8 inch height , 15 light interior French door , 1 3/8 door thickness- satin nickel hinges and flush mount satin nickel slide bolt - To supply and install transom window with 4 5/8 clear pine jam , clear glass ,size of transom window is 651/2 inch wide with a height of 11 1/2 inches - Create custom extension jams due to 13 inch wall thickness and trim out with flex trim matching radius of transom window 3 1/4 colonial casing with 5/4 x6 to be on top of door with solid crown and nosingHere are pictures of what we are trying to achieve before and after:

It was light bulb moment for me once I realized there LONG TERM plan.