This isn't fundamentally different than creating an incentive structure for your tenants to hide serious maintenance issues.

I E I provide the cash so they can bid.. 

@Bobby E.  

I have read a couple of e-books now and a variety of blogs about this subject. 

I've made inquiries with the city building permit department about the requirements and restrictions, e-mailed several egress window companies as a start but don't know where else to look.  

Send me and e-mail for referrals.

It's really helped me, and assuming the individual has strong financial fundamentals, I would recommend the strategy.

This is good enough for schedule e filing. 

@Randy E. great point about the # of higher end car on the road versus those that are considered the more affordable option.

Schedule E has no limit on the amount of property tax you can pay.  ;-)It MIGHT put some overhead pressure on 800k and above properties, since they will hit the 10k property tax limit, but I doubt it.