If you did not spend it on improving this property, it is not deductible on its Sch E.

Just get outside and improve your mood (unless, of course, you can't leave your home).4.

. $950 x 4 = $3800 x 12 =$45,600 -35% =$29,640/5% = $592,800 Max Improved Value - 20% = $474,000 is where I would want to be for sure.

Improved finishes in several units.

Meanwhile we'll be making repairs and minor improvements to the property so they feel like they're getting some value for the higher rent.So the main question you need an answer to is "Do I want to keep these tenants?"

I have a bit of handy-ness to me and love working on home improvement projects, how stringent are the 203k guidelines on finding licensed contractors vs DIY?

I want their to be improvement for me to add so I can create value in my deal, but not when the leases are 9 months from ending lol 

Maybe the property class wouldn't support that large of an improvement but it would be a welcomed feature.Are the other utilities separate?

After the last crash 70% LTV was the best we could get for our first BRRRR and eventually as the market improved and we gained more experience we had lenders willing to do 75 or 80% LTV but it takes a while. 

We built a small recreational cabin and then rented the additional land to a local grower who added improvements to the land since the rent was so cheap.