@Brandon Ja - The standard answer here is to check with your CPA, but from my standpoint expenses that add longevity and functionality to an existing property (including adding square footage) would make that a capital expenditure that can be depreciated over time.

This is my first time considering Section 8 so I’m doing my due diligence in making a decision.

It’s normally the investors sitting behind a computer who fail to recognize this.

From this, I realized two things-1.

Quote from @Isaac Greenwood: Is there any investors in the Spokane area who need help with anything?

Only took 30 seconds to find this website, how much effort are you putting into this?

There are many ways to skin this cat.I require 50% at the time of booking.

https://www.har.com/content/department/mlsHouston Real Estate Highlights in September, 2024:-Single-family home sales increased 1.7 percent year-over-year;-Days on Market (DOM) for single-family homes went from 45 to 51 days;-Total property sales were down 3.3 percent with 8,228 units sold;-Total dollar volume was statistically flat at $3.3 billion;-The single-family median price was up 1.1 percent to $335,000;-The single-family average price edged up by 0.3 percent to $415,435; -Single-family home months of inventory registered a 4.4-months supply, up from 3.4 months last September.

When did you get the appraisal from them?

I want to know if this type of business qualifies as a “real estate professional” status.