Based off my experience working turnover at a large apartment complex, we assessed cleaning damages two ways.

There so many answers here I'll just drop this thought you can think about.....It all depends on how hard you want to gamble when that large insurance claim finally does happen.Lastly, you want Waivo for small damage claims not your homeowner's insurance.

Hi @Brooklyn Hunt, I'm based in Southern California, but I have started my out-of-state real estate journey in Indianapolis.

The lender does IMO… Nobody declares bankruptcy if they own properties with cash unless they make dumb mistakes and cross collateralize.The cash investors might loose money but they won’t be bankrupt.Also, only when you build a base of 3-4 properties with cash, and fully understand the true income of your portfolio after consecutive years of performance.

In fact, the whole point of real estate investing and generating returns should be to make investments based on an advantage (knowing a good deal in the market, etc.) - if there was perfect information easily available to everyone - no individual mom and pop investor would ever have a chance at real estate investing returns at all...

Two LLCs will drop their % by 2 points and one will increase by 2 points.

Keep updating it as your knowledge base grows.  

If professionally done it will look better and be nearly just as durable as LVP (and likely cost less.)If using an oil based polyurethane coating (do multiple coats), the floor can be buffed and recoated as needed opposed to a LVP where you can't really do any maintenance and in the even of a repair often times you're stuck taking up all or most of the interlocking floor which is a huge hassle.I love LVP in the right situations and almost always use it in a kitchen or bathroom remodel, but have found it cost effective both on the front end and for maintenance reasons to save the hardwood when possible.

Based on my records, we did $11,550 in depreciable improvements.

But I think, like many people found out during COVID, if you just buy a tract home that looks generic in a generic area, you will get generic returns, which based on my friends and other commenters here seems to range from small loss each month to modest gain.