It’s not a gut rehab — mostly finishing work: electrical covers, plumbing connections, trim, fixtures, minor exterior work.Plan is to rent (likely Section 8) and refinance after stabilization.For those with rehab experience:How do you decide when a rental is “done enough” vs over-improving?

Usually it turns into an after the fact permit where they want plans or as built drawings and then inspections, and if they cannot verify framing electrical plumbing they may require selective demo so they can see what is behind the walls.

Should the electric service panel be replaced?

Before moving in, do a thorough inspection of every area, including plumbing, electrical, HVAC, roof, and any auxiliary systems, so you know the condition of the property.

I am in contract on a four-plex and there is only one meter for electrical, gas and water.

If the agency went bust tomorrow, would I know how to restart the engine myself? 

Not worth the cost of the study since it did not accelerate the regular 27.5-year depreciation.By contrast, another investor's $12,000 study on a recently renovated $3.8M office building yielded first-year additional deductions worth over $120,000 in tax benefits - a clear home run.The quality of the engineering team matters tremendously.

. — from healthcare hubs to engineering project cities — and I love sharing insights.Ready?

It focuses on major systems electrical, plumbing, HVAC, roof and structure. 

I have some capital saved from my software engineering job and would love to get in contact with someone who has experience with apartments.