As the days wind down they keep changing investment criteria and eventually from poor planning or impulsive decisions and changes either have a failed exchange or buy a crappy marginal property to avoid deferred capital gains, and depreciation recapture,etc.Before locking a choice the properties have to be vetted for any big issues that would affect financing or ideal cash flow returns.

You still pay full US taxes but if defer the CDN taxes until you bring the funds 'home'.In reverse, this is basically what Apple and many other US companies are doing in holding funds overseas; deferring their US taxes in the hope that eventually either rates will come down in general or some kind of onetime amnesty / reduced rate will be imposed.Oren

It will help you develop a SOW to have Contractors submit bids on and give you a more accurate Rehab estimate and CapEx reserves requirement for deferred maintenance items.

@Hope Louisse Montenegro y'know, given that Chicago isn't my market, I'd defer to your agent on that.

No one left.We found many more deferred maintenance items than had been reported in the building inspection.  

To be overly general, they usually reak of deferred maintenance and turnover costs are disproportionately high as a percentage of rents.3.)

Therefore, do not expect your reasonable rationale to be met with a reasonable reception.Just some initial thoughts, but again, you should defer to a local agent who is knowledgeable on the trends and characteristics of your area.

A few weeks ago I noticed a house in my neighborhood that had overgrown grass and some obvious deferred maintenance.

Hey @Tony Cardello, you really will want to defer to your agent on this one, I have no idea how these things normally go in your market or what rights and protections are afforded to you in Oregon.However, I can tell you that if anyone ever asked me or my clients here in CA to do such a thing, I'd tell them to take a hike.What happens if the work isn't done properly?

What are the deferred maintenance items?