One of the problems with leverage is when the it hits the fan....it tends to happen all at once....borrowing goes in the toilet, your credit card limits shrink with no notice, you loose your job, your tenants loose their jobs, no one is moving because they don't have jobs or want to play safe, no one is buying because they can't get loans or loans are more restrictive.We just saw some of that with Covid, but we've seen it plenty of times before.One thing you can do to prepare if you decide to go full leverage route....is learn to be a good negotiator....Renegotiate your loans with your lenders, negotiate with your tenants to pay something...anything....and negotiate with everyone who owes you money to get something, and everyone you owe money, to take less.

Plus I can use a couple of small sauce pans for our primary home.

Probably the most common is a toilet that constantly runs and costs you hundreds in additional water use.

I know that running toilet and a sink dripping doubled my water usage, not sure if that helps.

Back then people would clean toilets or do what they had to do to support their own families themselves-- not sponge off of the system, have more welfare babies, and go get manicures and watch TV all day while drinking Starbucks.Many years ago, those in need would use welfare entitlements as a hand up, not a handout.

Doesnt matter if its cleaning a toilet or replacing a door .

One clogged the toilet  and we ended up having to use sticks to get the wadded - up toilet paper and crap out.  

@Avi GargI signed a purchase agreement with Charles Lee and met with him in Birmingham.Our deal did not pan out and a refund for EMD as well as appraisal fees is now in order...That's where the issues are starting to develop: he claimed the wire transfer was completed for the EMD but since he hasn't gotten a refund for appraisals from the vendor, I wouldn't get that part just yet.He was supposed to wire the money back 13 days ago: he's now not answering emails or my phone calls.I'll let you all know how this all endsGeorge

Now granted they were crooks they deserved it.. but I also helped out a nice young group of investors here in Oregon that had done 30 of them and it was going down the toilet the sellers were filing complaints with the AG..

Your situation does sound like you made improvements but some of the bathroom stuff can be five year property instead of 27.5 year property.I would break out the cost of the toilet, vanity, mirrors, shelving, sinks, etc as these are 5 year assets.Then, you can take bonus depreciation or section 179 depreciation and get a similar expensing as it you called it a repair.Plus, you should allocate a portion of the original purchase price of the house to this bathroom then take a write off for the assets you abandoned.