If you make any money at all outside of real estate, and the depreciation offsets your income as say, a "brain surgeon", then the math is a little different.

I'm trying to get a better idea of what actually sets-off the "impact fee" trigger with any type of residential (multi-unit) related reconstruction / rehab / new build.

@Joe Splitrock @Jay HinrichsI once worked with a Neuro-Surgeon who had the humility to pry and ask questions on investment proposals when he did not understand that almost bordered on being annoying because sometimes it was almost like arrrgh....."

Total cost was $3400 which included the initial snaking, camera run, backhoe and then reconstruction.. 

Hello,Texas is HOT HOT HOT in Real Estate right now and will be for the next 5 years.San Antonio is booming, and Houston is undergoing major reconstruction from the massive flood and ton of families that need homes right now!

The doctor, the financier, and the furniture company representative disappear, and you are now out anywhere from $2,000 to $5,000.One of my students on the West coast was recently contacted via e:mail by a London-based surgeon who was interested in his property.

You don't need a surgeon for a cold or the flu. 

When I had my tenant's basement flood and half of the house was unusable during the reconstruction, I gave the tenant a 50% discount on the rent.

Even if it took another month I would have been ahead and much further away from requiring a coronary surgeon. 

I've heard many stories of situations that are clear violations of the law and basic morals.Put it this way: would you rather have a heart surgeon conduct your triple by-pass or would you trust it to an orthopedic surgeon that does heart surgery on the side for extra money?