I haven’t seen the property yet so I don’t have a full gauge on repair expenses needed. 

The cost of the repair is$27K and don't want a pool either. 

- Are you seeing a lot of homes that were flooded be vacated or are a lot of homeowners/renters repairing?

Househacking can be a little complex for tax purposes.You have a primary residence in addition to a rental property.You are eligible to deduct direct and indirect expenses related to your rental property.Direct expenses can be considered items like repairing an appliance in the rental unit  or doing the flooring in the rental unit.Indirect expenses are items are items for the full house that you would pro-rate to your personal residence and your rental property.

Many times borrowers overestimate how much the property will be worth after their repairs.

@Stephen Stokes from what you know, does the FHA assist with rehab cost ?

Is that cost so high because it includes significant structural (such as moving posts) or repairing foundations or lowering slabs?

I'm looking for a software where I can track data inputs like who was late, how often they were late, repair costs by building and overall YOY/MOM, etc...It would be amazing if I could create my own dashboards.

@Loubert Antoine My plan is to basically fixed the side I’m going to rent out first and live the other side for a year while I repair it, then move out and have rent that side out.

I have had great results from using these sources and get tenants who pay on time, keep the property clean and report needed repairs responsibly.