In the end it comes down to skill, lighting and post production, after a certain price point compatibility of items for desired effect is more realistic a factor than the price point itself..my numbers were for the most part, simply to put it in perspective.

I have my residents clean under these items frequently too.  

It's not perfect and can skewed by any large income or expense items that happens to fall into one of those months, but it can give you a general idea.

Once the in-service date comes, you start depreciating $120k.The trick is that parts of the $120k should be allocated to different items: land, appliances etc. - resulting in different methods of depreciation.

I would send a notice to the tenant with the following:- Reminder of guest policy in the rental agreement- Request to remove/move the trashy items in the next two weeks. 

These items are enough to make an entire deal go upside down.

@Jacob MendrinThe other thing to keep in mind is you are required within 21 days of the end of Tenancy to provide an itemized list of deductions.

Also, depreciation on a rental is always reported as a passive item for rental activity unless you can convert passive rental into a non-passive by qualifying are a real estate professional. 

Critical items may be totally different- regulations, taxes, jargon, lending rates, etc etc. 

In a S-corp, you have to allocate income/loss items and distribution based on ownership %.