I’ve updated windows, doors, instant hot water heater, roof, ac, bathroom, and flooring.

The kitchen table was my office. 

“Have your wife check that out,” he says, referring to a remodeled kitchen with granite countertops.

That includes principle, interest, taxes, and insurance as well.We have spent about $8,500 in repairs and upgrades including - revamping the landscaping, having the brick and siding professionally painted, installing new stained cedar posts and shutters, installing a new privacy fence and having it stained, removed popcorn ceilings, redid the taping/bedding, retextured, had the inside walls and ceiling professionally painted, installed a new cedar beam in the living area, new custom blinds for all windows, all new light fixtures and ceiling fans, brand new stainless steel appliances (range with double oven, dishwasher, microwave vent hood, and new refrigerator - all GE brand) Floors are in good not great shape (tile in kitchen and dining room and single bathroom, laminate in living room and hallway, carpet in both bedrooms) and would be the only other possible upgrade we would consider.

My capex budget includes roof 25 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span,etc.

As for (ii) and (iii), my recommendation would be to go to justanswer.com and see if you can get a quick answer.Finally, be careful about calling anything a "bedroom" if it doesn't have a window.

Purchase price: $55,000 Cash invested: $80,000Duplex- It had some fire damage in the kitchen, so were weren't able to obtain a loan from the bank.

The kitchen is partially done, new laminate floors, 3 bathrooms needs updating, no blinds on the windows, needs interior repaint. 

I have a rental property (My first purchase. 2 units, both vacant) - One was remodeled before purchase, the other I occupy while I remodeled it to be in rent-able condition (mostly the kitchen, not fun).

He advised the tenant to walk around the outside of the house and look through the windows.