In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!

For seasonality, I take into account holidays and local events that might drive demand.I'd be happy to connect for more ideas! 

The property is livable, but I am account for a pretty significant turn in 4 - 7 years of paint, flooring, and any miscellaneous repairs that the inspector could have missed since it was occupied.

Hey @Thu Pham, gratz on the new place!

From there it's up to you on selling. 8 years you should be not breaking even unless this place is in a rough area or needed a ton for repairs over the years.

Cable, smart TV's and guests sign into there own accounts

Anyone answering is not responding as a Tax accountant, Insurance expert or as a Financial advisor.  

Provide a detailed accounting of deductions, along with the invoices, to show you’re acting in good faith.

We don't pay vendors by credit card or cashapp because it is far too hard to keep the accounting straight with a high volume of transactions to do that. 

They do have policies in place, so if you're not willing to go all in, then this is not the software for you.