It involves using Section 179 or bonus depreciation, and I would not DIY this project, as distinction between repairs and capital improvements is one of the most confusing areas of the tax law.And no, you do not need a cost segregation study to deduct these components of your rehab - if you have itemized invoices and receipts.Myth 8: for a valid 1031 exchange, I must exchange STR for another STRNo, you don't.

If it is brownfield and you're going to clean it up, they might talk.If it is just kind of a run of the mill deal, I don't think you get any break on taxes. 

Also, a freshly cleaned and nice-smelling home makes a great first impression!

Some of our tenants have no idea how to maintain or clean an apartment.  

We're currently paying for lawn care, snow removal and cleaning services + husband is doing some of their home maintenance himself.

Last house I did - purchased for 150k - put about 10k into it (And this was primarily DIY work - saved probably 15k doing DIY work).

You'll want to have an idea of how you handle utilities, and I've heard of the owner covering a weekly house cleaning to keep the peace sort of thing.  

We charge a pet fee for visiting pets that is at the high end of boarding cost and at move out we charge to have HVAC professionally cleaned and carpets professionally cleaned (many of our units do not have any carpet) to place unit back in animal free state (many people are allergic to pet dander).

But the cleaning lady being used ( that is contracted by the complex) would not give any information as to what would need to be cleaned to avoid a cleaning fee.

It also can collect rents, pet fees, cleaning fees, etc. and deposit them.