@Dmitriy Fomichenko I am currently still employed in the federal system and way under the age of 59 and 1/2.

Although landlord labor may not be seen as a legitimate deduction, the cost of materials you needed to restore those items back to pre-move in condition may be (for example, replacement of a broken glider on a drawer or replacing broken blind slats not due to age but over handling).  

They are old school so where other companies are far into the electronic age, this company still mails owner checks or deposits of the owner bank is close to their office.

Over the years I have changed my outlook and it is interesting to see how much I have changed from age 20 to age 40.Wishing everyone success and happiness in however you may define it. 

I am a bit farther ahead on the age portion ;), but in the last 6 months I have added two small multi's which are adding and immediate 100k equity gain for this year.

On the old vanity if it is that old in age is likely solid wood.

It'll also give you their age.

I understand I have minimal capital at my age, but I'm looking to turn ex. a $350,000 loan into $500,000 house. $150,000 profit, I know the market niche, and I think there is great opportunity here.

Is it the age of the house. the condition of plumbing/electrical?

Please stop posting inaccurate information.That's Interesting.I bought two 4 BRs in Brentwood CA very very close in size, age, location and time of purchase, In 2006 they both originally sold for about 700K (one just a little higher, one a little lower).