Am I able to immediately expense costs like new flooring, shower tiles/flooring that would otherwise be capitalized?

I'd buy a multifamily where I can influence NOI through rent growth and expense management. but as Jason points out, you're gonna need way more than $10k to do anything.

Then seek out the properties in those markets with the best after repair rent to purchase price ratios and look at the expected expenses for each property to find the best cash flowing ones... then make your offers!

Your comment about "6 months of expenses in a HYSA sometimes feels like that money could be growing at a faster rate elsewhere" is TRUE but not the whole story. 

Hey everyone!
I’m currently looking to invest in the Philadelphia market, ideally a small multifamily (2 - 4 units) for either a house hack or potentially renting out all units.
I’m trying to be very conservative wi...

Generally, any repairs/expense covered by insurance is not an allowable expense since you did not come out of pocket for those expenses.

Can I expense labor under de minimis or just the materials?

Making housing more expensive, I feel bad for tenants who are just trying to get by. 

Within 60K, there are 6K spent on freestanding appliances (range, refrigedger, dishwasher and combo washer & dryer) .Question: Whether I can fully deduct 6K appliance as repair expense + 52K remodel improvement?

Every reasonable and necessary expense can be deducted.