View report*This link comes directly from our calculators, based on information input by the member who posted.The repairs I have considers and their factors are as follows:Possibly Roof (due to recent hurricane in the area in 2018)Water Heater (over life-expectancy)Appliances (over life-expectancy)HVAC (over life-expectancy)Flooring (they look terrible in the pictures and not long lasting)PaintCabinet/CountersLanscapingSeptic System Replacement/Cleaning

The destroyed parts have been removed or replaced.

How can you find quotes that cover cash value rather than replacement value?

So can I buy with cash on hand then cash out refinance and just keep the money or does the cash used to buy more rentals have to be the actual dollars from the cash out refinance.I figured if not required, I would use cash on hand and cash out refinance the rentals later and keep that cash IF I can deduct full interest since I used cash on hand to invest and am replacing it with the cash out refi money.

@Babu Ramadoss you're going to get the it depends answer. it depends on your short and long term goals. many will say chasing appreciation is gambling like the stock market. others say cash is king and never put your money where roi is not maximized. personally, my goal is replacing w2 income in 7 years so cashflow is king for me. that also means I need to use less leverage with lower roi, or do more brrr which would like take longer based on what I buy. your market will likely dictate one or other, and for the record I ignore appreciation in my underwriting as a buy and hold investor. the appreciation will never be realized until I refi out down the road.

It's the liability part that does not change so much, and the cost to replace is more adjustable.

Typically, I count on having to replace the roof and windows on every property.

Looking to replace all the carpet downstairs and the cheap vinyl sheet flooring.

In my area it is $6 sf to replace. 1600 sf*$6=$9600/10 year life span/12 months in a year=$80 per month for 1 item. i use a minimum of 10% for capex.

Is replacement plumbing now going away from copper to PEX?