This is fairly close to accurate as the handyman is typically between $50 to $70 unit month and then there are times I need to hire the specialist labor (HVAC, certain plumbing, certain electrical). 

Figure a fair price for his labor but also figure one for yours too.

And it ticks up periodically (with the insurance, utilities, management, maintenance, materials, reserves, and labor it covers)....One often looks for certainty in running the numbers in your due diligence (think fixed rate in terms of a mortgage, etc)--but think of the dues like an adjustable rate factor in your equation.

They argue that despite a strong labor market and a public desire to purchase homes, sales may not improve because there are not enough houses available for sale right now.

Our labor and WATER costs are really high.

Can I segment it and include the tax portion on my SCH E (with my property tax expense) and then depreciate only the materials and labor costs (~$14,000) ?

He's ready to retire, but she will likely be working until at least 60, depending on her health and how well she can manage her labor-intensive job.

Husband & Wife owned property - Husband recently passed,Wife cannot afford the house repairs (Needs new roof) and wants to sell the house fast with cash.house needs repairs but currently livable,When comparing recently sold in the area, I believe the house is priced high considering the rehab its requiringSeller wants 85,000 , 2bd1/bth 750 SQF.Similar newer and better maintained houses sold for around 90K - 100KNow heres my thoughts:Considering she's an older woman, and i am under the assumption that she wont want any new "adventures" at the current situation, given she could not afford maintaining a house she owns free an clear, I am attempting on structuring a deal where she could be my renter while paying the property (Contractor for deed)With a "Contractor for deed" i think of offering  25%+- (20,000) Down on the deal and get equitable title - Which will include the fixing of the roof using my own GC + Potentially updating house deducting the labor cost (Should she would be interested) The lady would rent from on a fixed market rent for the duration (850$)  - Paying off the 65,000 with 20 Yr monthly installments of 270$, Leaving me with 580 Gross income monthly.Summary:"Contract for deed"Asking price: 85,000Down payment for Equitable title: 20,000K20 yr Installment plan: 65,000 / 240 Months = 270$ Monthly"Fixed deal" Rent / Tenant pays : 850 - 270 = 580 Gross incomeAll in all, Lady gets to live in her own "Rehabbed house" with a long term leasing agreement and gains confidence and less hassle.I know there is alot behind these type of deals - but that's my general idea and would HIGHLY appreciate your input on this Steeeeep learning curve. 

I decided to go the turn-key route to start with because I still work 30 hours a week as a Labor and Delivery Nurse and I have two small children (3 and 1).

@Nicholas Tavasieff -I think ya'll are over/under thinking it.first scenario: you (hopefully) make profit on the sale and she makes profit on the loan  (this is how we work with HMLs all the time)second scenario:  you make profit doing the GC work (she hires you and pays for labor/materials) and (hopefully) she makes profit on the sale but not on the loan.