Significant unit interior remodels (19 out of 24 units) and minor exteriors/landscape updates.

Which means your home, especially landscape maintenance, can lack the attention needed. 

Same goes for 15-year property ('land improvements, i.e. landscaping, pavement, fencing)Bonus depreciation allows you to either claim 50% or 100% of the depreciation of those assets in the FIRST year!

I have noticed the Real Estate Landscape has drastically changed over the years.

Later we spent money on landscaping the property professionally, which has been one of the best moves.

.- Purchase price: $87,000-Rehab Cost: $30,000-Total Cost: $117,000- Loan payment: $491.83 (principal and interest only) With financing at a 3.5% rate - Property tax: $520.83 (Too Damn High For The Area In My Opinion But I Digress)- Insurance: about $200 per month - Management fee: $220  (10% or gross monthly rent)- Maintenance/repairs (reoccurring): $220 (estimated 10% of gross monthly rent) - Vacancy: $110 per month (5% per unit per month)- Landscaping: $100 per month- Total monthly expenses: $1862.66- Rental Income: $2,200 (2 units renting for $1,000 per month)*Pro Rated For When I Move In A Year- Cash flow: $337 per month ($2,200 - $1,862.66 = $337.34)- Down Payment: $8,095 (including closing costs and cost of inspection)- Cash on cash return: 11% ($337 x 12 = $4,048.08 Then $4,048 / $113,000 = 0.035 = 35%)

Fla. now- it was heating up and I see a lot of high rise cranes on the landscape- the word is that they are working on the next bubble- what do you think?

Updates include: full aesthetic renovation, complete remodel of kitchen and bathrooms, new expansive front and back porches, slight floor plan alterations, structural repairs, complete electrical rewire and service upsize, all new plumbing throughout, new roof, and all new landscaping.

We’re looking for a place we can come in and do some hands on cosmetic upgrades: floors, cabinets, counters, paint, appliances, landscaping.

The property needed two new roofs and some attention on the landscape.