@David Sillaman Ok so it sounds like cash investments will not give rise to the appreciation/depreciation tax benefits for holding 10+ years and it must be capital gains invested into a fund to get that treatment.If cash and capital gains are mixed into a fund I believe that dilutes the tax benefits.

Now doesn’t sound like you’re a multimillionaire, so if you don’t plan to refinance I would put it in a llc.

My A/C guy tells me that the electronic board needs to be replaced at a cost of $1,000.

@Richard Snyder I have never heard of them, but sounds like a hedge fund back insurance carrier looking to do everything through automation. 

Does that sound right?

Thanks for sharing about your investment strategy, sounds like that makes a lot of sense!

I think this sounds like an emotional case instead of a business decision.

Dam that sounds miserable!

Sounds like you're off to a great start, aside from the being placed on a listing.

I am planning to repaint the interior and exterior, replace the whole central AC unit, replace doors etc..