I bought a mobile home off my uncle using a line of credit for 21500$ It was an old dump so I have made it nice again put in new floors, a few appliances, painted everywhere.

Also the Lifecycle Building Center near the West End https://www.lifecyclebuildingc...It's a crapshoot as to what they have but ususally at a minimum a good source for sinks, doors, toilets and large appliances

Who do you use for appliance services in the Cedar Rapids, Iowa area.

My CPA is also wanting to depreciate the entire renovation expense over 27.5 even though there's personal property components with a 5 yr depreciable life where we could take advantage of 100% bonus depreciation.I argue that improvements shouldn't go into the cost basis and instead as operating expenses since the renovations were done under the normal course of business especially since a nice chunk is for labor/contracted services as well as actual improvements, material/supply purchases and personal property components (i.e. carpet, appliances, kitchen countertops etc). 

If you say two years on an average (means two turn-overs every year) then you repairs and capex could easily be eaten by tenant turnover leaving you will nothing for the roof, water heaters and appliances.

A “Standard” cosmetic rehab we include: All New Flooring (carpet and hard surface floors), Interior and Exterior paint, baseboards, electrical and plumbing fixtures, new kitchen and bathrooms (including cabinets, granite, appliances), blinds and window treatments, doors and a little bit of landscaping such as a flower bed or some plants.

Also seller left all appliances.

The SD was $500.We had to tear out the carpet, padding, scrap up the glued down areas of padding, even remove the tack strips in areas because they were soaked, scrub the floor, put an enzyme solution down, cover with plastic, then seal the floor with two coats of Kilz before the new carpet could go in.Plus, the normal cleaning because obviously he could not clean the appliances, etc. 

Seller has significantly improved property. new appliances, roof, pole barn, bathrooms.

(https://nest.com/ )You can also set up a network attached storage device to create tenant accessible files for your property manual, appliance manuals, how to manuals (for septic systems, wood stoves, property photos, tenant lease documents contact numbers, neighbor information, shopping info, utility info etc.)