This generally means that the rehabilitation costs must exceed a certain percentage (often 100%) of the building's adjusted basis.Qualified Rehabilitation Expenditures: These are the expenses directly associated with the rehabilitation of the building.

Curious to hear people's thoughts on whether or not to look into property investments in the Boston area, most likely the suburbs since Boston city is way too expensive.

I was able to BRRRR four properties there and now i am slowly deciding to pivot to tackle more appreciation plays.If your first rental is an appreciation play and there simply is not enough rental income to offset your expenses then you may run into financing issues after your first property.

Even if you end up paying for some of the mortgage, it will help you eliminate or lower your largest expense: housing.

Q4 2023 average is $51.48. 

I've had several bids for similar work in the past and pipe bursting seems to be a fairly expensive option.

Of course, if you do any renovations on the property to get it ready for rent, those renovations may need to be capitalized (added to your basis) or might be expensed, depending on what is done. 

As a business with expenses, taxes, insurance, non-paying tenants, maintenance and an empty rehab trailer haulaway he is probably clearing $500 a month +/-. 

ALWAYS scope the sewer line on any property you're trying to buy (a new sewer main is expensive).

You can hire someone to do all this and it will probably still be less expensive than LVP.