To me, this is a cost that won't "add value" to your BRRRR, so I would more strongly consider how much it might impact your ability to rent the unit/house.

For your situation, since you've conducted a cost segregation study and are using 80% bonus depreciation, you can maximize deductions by categorizing the bathroom renovation as a repair expense if it qualifies, rather than capitalizing it.

Curious to hear how others in the DFW area are handling this too!

My partner told me to try using another Option and a mock Lease Agreement...

Not worried about repairs, more just collecting rent from tenants willing to live in this neighborhood.

In short I want to know ways that you have made deals like this work and/or any creative solutions for keeping a tenant in place. 

An LLC is useful for two things: anonymity and legal protection.

The lessons I’ve learned will undoubtedly guide my future investments - this journey is continuing! 

I do intend on holding them for a long time, but again this limits my flexibility in the short-to-medium term.Does anyone have any thoughts/suggestions for me?

Hello all, I am in the process of purchasing a 2 family home using a DSCR loan.