Plus if you have all your income going out the door on debt service how do you plan to finance these new kitchens and luxury floors?

Unfortunately, the initial months brought very few responsive leads – either no response upon my initial contact or locations 60+ miles away from my service area.Long story short, it was a chaotic situation.

It is important to work with a real estate agent who can provide insight into the market and not only the value of the home in its current condition but an estimate on what it'll be worth after it's repaired (ARV). 

Some are now so confident in the quality of their renovations that they cover repairs and management fees for the first year and put tenants in before closing.Just like I am writing here for you, I told my friends when they wanted to know “What are you up to these days?”.

My discussion was on the customer service aspect.

I recently had a tenant move, she created extensive damage to the property (about $40k in repairs so far).

Even then a lot of the really good ones let themselves get overbooked, so the flow of information tends to slow down.A starting trend is I have a few real estate investor clients going overseas - there are more than a few larger and reputable firms in India offering bookkeeping services to US companies, typically on QuickBooks Online, and typically much cheaper than US rates. 

So would anyone care to share their more recent appraisals of their rent collection services?

Livable condition because the appraiser has to mark "as is" on the appraisal and not "subject to" repairs or the DSCR lender will not fund even if all other conditions on the loan have been met.

Extension of 100 Percent Bonus Depreciation.The provision extends 100-percent bonus depreciation for qualified property placed in service after December 31, 2022, and before January 1, 2026. 2.