If this is full size bed Toyota Tundra then there is no depreciation limitation.

Purchase price: $37,500 3 bed, 2 bath, large laundry room and pantry, mostly remodeled.

You mentioned rent for a 3 bed, what is the going rent for a 2 bed?

I was limited on options because of the amount I was able to get mortgage for, this home gave me the square footage and bed bath combo I was looking for and was well within my preapproval of 135K How did you find this deal and how did you negotiate it?

You can't call it a bedroom but if your tenant decides to put a bed in there after he has possession, that is his business (make sure your documentation is very clear it is not a bedroom).

This is a 5 bed 3 bath ranch with finished basement.

Sale price: $39,5002 bed 1 bath great flip opportunity in Buckroe BeachWhat made you interested in investing in this type of deal?

I am looking at flipping a property (4 bed, 2 bath, ~1,800 sq. ft) in NJ and the estimate I received seems high, so I was looking for some peer feedback.I was looking to change the following:Kitchen (new cabinets, counter-top, flooring)2 bathrooms (new flooring, new sinks and cabinets, new fixtures)4 bedrooms (new flooring)paint entire interior (~1,800 sq. ft)Flooring throughout entire house Basement (new carpet, ceiling tiles)GC came back with an estimate of $75,000 without HVAC and $85,000 with HVAC.

Now I’m working on closing on my first full rental, a vacant 1,250 sq ft 3 bed 1.5 bath home.

Could definitely use some updating and it's not the best neighborhood in town, but you should be able to get ~$1100/month on the 2-beds, maybe $1300 for the 3-bed.