rafezetter
Troll Hunter
As a person in the trade it's worth doing ANYWAY and well document it, make a "house file" of renovations you do to the home, including copies of invoices etc etc. PICTURES - lots of pictures, where plumbing and wiring is under floors etc etc.This is it. If you are planning to spend 10yrs+ it's worth doing
Put that file in digital format on a pen drive and lock it someplace safe - passport lockbox etc; then update as necessary.
FIX CUT OUTS IN JOISTS. This is a major bugbear of mine, even if it looks sturdy. You only need a bit of rot or other issue in exactly the wrong place and you're well and truly badgered.
When you come to sell - "Here's my house with a FULL SERVICE HISTORY of what I've paid to have done; pictures, invoices, paint colours (I know homeowners that do this for thier own information), whetever it is you did, however small, document it. There will be many buyers who will greatly thank you and will not baulk at the asking price because they KNOW WHAT'S ALREADY BEEN DONE.
Why homeowners don't do this by default, but almost INSIST on it when buying a significantly cheaper item such as a vehicle is beyond my ken, but there we are.