So 2 remaining types of accounts are what I need to do further research on.When I google SDIRA I get this in the most simplest of definitions:A self-directed Individual Retirement Account is an Individual Retirement Account (IRA), provided by some financial institutions in the United States, which allows alternative investments for retirement savings.It appears though that the SDIRA has a component of allowing 'checkbook', no?

Mine has been a success story but perhaps my biggest source of frustration has always been my limitation in sourcing the necessary equity component to get more deals done aggressively.  

You can also see IQ impacted by many other environmental factors. 

The start date for this component would be upon completion of the rehab. 

If the tenancy is worth saving and the tenant is cooperative, then we will make the repairs or replace the components as the need occurs.We haven't had a situation where we did not repair/replace a required appliance.

Optional, depending on neighborhood - Obtain an environmental screen (cost $350).

I also recommend getting an engineering/environmental report if the property is on private water and waste water treatment plants or has any underground tanks. 

The UOP for a building generally is the building and its structural components so you cant look at plumbing and other costs as one UOP. 2)  You qualify for the  Small Taxpayer Safe Harbor Election.A qualifying taxpayer can elect not to capitalize (and, thus, can deduct) costs to improve an eligible building property if the total amount paid during the tax year for repairs, maintenance, improvements, and similar activities performed on the property does not exceed the lesser of  2% of the eligible building property’s unadjusted basis $10,000.An “eligible building property” is a building, condominium, cooperative, or leased building (or portion) that has an unadjusted basis of $1 million or less. 

According to my research a capital asset is:The IRS indicates what constitutes a real property capital improvement as follows:Fixing a defect or design flawCreating an addition, physical enlargement or expansionCreating an increase in capacity, productivity or efficiencyRebuilding property after the end of its economic useful lifeReplacing a major component or structural part of the propertyAdapting property to a new or different useA repair is as follows:Improvements that "keep" property in efficient operating conditionRestores the property to its previous conditionProtects the underlying property through routine maintenanceIncidental Repair to propertyReference is http://www.dbbllc.com/newsletters/focus/mar2012/irs-clarifies-capital-improvement-vs-repair-expenseNext time I will rent a small excavator, dig my own hole, and put on a Fernco.

There's definitely some uncertainty (and I would add climate change/environmental risk to that) so I'm always up for being recommended to articles and investment theses about AC.