I believe the tax basis is the value of the property at the time of conversion.

Most policies will not cover you if they believe you or your tenant have insufficiently maintained the item.

It also wants a mini split with at least two interior units to heat and cool. property is a tiny home with a full walk-in the basement (no access to the first floor) the first floor has kitchen living room and half bath upstairs has a full bath and bedroom (1/1.5).I've just started a conversation with owner mentioning id like to make an option offered with above-listed work as consideration, he said that he was open to renting to own and would definitely do a lease with labor cost for partial rent.

., corn hole, giant jenga, rope toss, etc.... are great inexpensive items. 

I've had several private conversations resulting from this post.

The remaining mortgage interest and real estate taxes are carried over to your itemized deduction.

If you get a conversation going and can help him then he will deal with you.

So I have units with more dishes then tenants.When my handyman is up on the roofs I tell him to always check for items that need water seal but mostly he does not (not the best handyman that we have ever had).I suspect the dishes significantly shorten the life of the roof and therefore result in increased cap ex.

Thanks for the contribution to the conversation.  

@Jose Ortega Focus on doing any outside work (roof, siding, landscaping), plumbing work, and HVAC work first and see where you are at after that is done in terms of tenants moving out, etc.Will the major cap ex items being repaired put you in a spot where you will get the appraisal you need to execute the BRRRR?