My property manager lives onsite.Most of the bad element has gotten out of there.Once they see you will rule with an iron fist they see the writing on the wall and move away.They are looking for a tired landlord to manipulate the situation.I think some of these tenants that act crazy aren't crazy at all.Mainly professional tenants taking advantage of a situation.If any tenant is out of line we won't hesitate to have them arrested.My manager carries and is well versed with his weapons.People can't live in fear.Once they know they hit your wavering point upon escalation they know they have you from then on.If they are a possible illegal alien you could report to ICE and maybe they get hauled away and deported.

Question # 1 --- Which is right.Kitchen Cabinets - 5 or 27.5New laminated floors (on top of old hardwood) - 5 or 27.5Redo Bathroom (drywall one wall, new vanity/mirror/toilet/shower) - 5 or 27.5New Shed in backyard - 5 or 7 or 27.5References Page 31 of Pub 946 - http://www.irs.gov/pub/irs-pdf/p946.pdfPage 3 of Pub 527 - http://www.irs.gov/pub/irs-pdf/p527.pdfAll seem to agree these should be 27.5Sewer LineWindowsWater HeaterFurnacePlumbing SystemQuestion # 2 - I got a mortgage on a rental condo I owned to pay for this rental home.

If you through enough **** against the wall over a long enough time period your bound to get something to stick.To be honest I thought this would be an interesting topic, one can go into very calculated economic & social influences to support or reject the idea or one can propose it with conspiracy theories regarding socialist oligarchies.

If you buy the BRK or First Alert (I get those brands at Lowes), the new one won't require any rewiring, but the base attached to the wall or ceiling might have to be changed out if it does not exactly match the base on the new replacement.

Otherwise, not necessary)Mortgage PayableTenant Security Deposits HeldEquityTotally depends on your structure, but could be:Owner Contributions (for sole prop)Owner Draws (for sole prop)Member Contributions (for LLC/Partnership/Joint Venture)Member Draws (for LLC/Partnership/Joint Venture)Capital Stock (for S-Corp or C-Corp)Additional Paid in Capital (S-Corp or C-Corp)Shareholder Contributions (for S-Corp)Shareholder Dividends/Distributions (for S-Corp)Retained Earnings (all forms)If a few number of partners/members/shareholders, then one Contribution/Draw account per person/entity.  

A correction in the market be it real estate or wall street is coming and the interest rates rise is the gun thats going to blow this bubble. 

The walls were not insulated and would sweat in the heat, making moisture in the walls (perfect for termites). 

It needs to have a window and you want an electrical outlet on every wall, plus a closet.Also, think about marketing your unit as a 1 bedroom with office (if that's popular).I like to look at the net income of various options.

The only major change would be removing a wall oven and replacing with cabinets, and putting a oven range where there is currently a cook-top in the counter top. 

if you have walls already open and if it's a wood frame construction - it's NOTHING to install the vent to outside.