I call it a form of defensive investment and very appropriate for late in a market when you're wanting to shore up returns and eliminate some risk. 

They can pull appropriate permits and arrange for city inspections. 

If you plan to continue down this path- and it's a good one if you are adept at finding decent deals and rehabbing appropriately, you might try to find another income stream to make up the difference, if for no other reason than to put yourself in a position that you can continue qualifying for loans.

I am wondering when is it appropriate to ask for a reduction in monthly % paid to our PM?

I own three single family pool home rentals  in Naples Florida  - can anyone recommend an appropriate computer software bookkeeping/accounting program to keep track of the business? 

I have a question about where I can find the appropriate broker to work for, where both our interests are aligned, here in NE Ohio (Akron/Cuyahoga falls/Canton) while still investing in real estate (Wholesaling, Fix n Flips, rentals, etc..).

@Dustin AwtreyThey would apportion the purchase price -- $250k -- between land and improvements and depreciate appropriately. 

. - Property Taxes: I've looked on the NJ websites (https://www.state.nj.us/treasury/taxation/lpt/taxr...) to pin down the appropriate property tax rate but not sure if this is the right place to look.

What would be a appropriate Amount of time.

After discovering that my old shower walls were built with drywall instead of a more appropriate hardie board or cement board (that was a fun discovery), I started getting estimates from contractors for a complete tear out and replacement.