Hi There very excited to be part of this community, This is Williams Herrera a IT Engineer looking for the financial freedom, hungry to learn how to become a REI, I have saved 40k for my first deal but before that I would like to learn the most to minimize the risks and be able to get my first big deal.If you read this post please, share with me some advices and tips to get immersed in this RE world. 

If you've done a cost seg before and have broken out your property into 1245 and 1250 property, it would be best to be thoughtful of your replacement property to ensure you'll get full deferral.

replace fixtures, HVAC, paint, and refinish floors.

However, there are some bridge loans that help owners capture some of their equity to buy a replacement property, while listing their current home for sale.

In fact, they stated that the total amount “covers the charge of the replacement purchase and labor to install it under one price.”

things missing in your list (everyone manages differently, so take it with a grain of salt)Vacancy rateTurn overbad debt legal fees (evictions as needed)accounting fees for professional tax prepmaintenanceProperty TaxesSales Tax on PM fees (In NM, this is charged, not sure about where you are)Reserves for replacement CAPEX - furnace, water heaters, ac, roof, parking lot, etc.Admin, software, advertising, etc.Cost segregation study for accelerated depreciation captureAs for your loan. 

I had mold in some cabinets below my sink and it ended up being significantly cheaper to just replace all of the cabinets.

Replaced the carpet with hardwood floors & new trim, painted all the walls, and completely renovated the bathroom What was the outcome?

Are we talking 10k for some hand waiving and reviews, 30-40k for the engineering reports / planning and submission, or 100k or more.

Here’s the context:I own a rural property with two rental units:A manufactured home from the 1980s in temporary status with the county (meaning it can’t be replaced), which currently rents for $1,350 per month.A one-bedroom permanent residence that rents for $1,300 per month.My monthly mortgage payment is approximately $1,200, and cash flow is crucial to me right now.