Rest due at closing) You can look at it anyway you want, but while you're looking, don't miss these financial facts:1- Cost to you = $63,6802 - Profit = $20,0003 - Remaining Cost not recovered = $43,680 (you don't make a profit until you recover all your costs, so the $20k "profit" in Item #1 isn't a profit...unless you think going to Vegas with $10k in cash, increasing your cash to $15k, then losing $30k is somehow winning $5k)4 - If, as mentioned above, you can get $350/month ($4200/yr) in rent...which if you were breaking even before, you would now be cash flowing $4300/year.5 - Unfortunately, that means it will still take you 10+ years (all being perfect) to recover the rest of your cost.6 - Still not a good deal...at all.

If there are damages, you itemize those and provide to the tenant.

Traditional MLS deal.

Hello, I am in the process of purchasing a home and one item that was revealed is external stucco cracks.

It's not your traditional in-law which most people like the in-laws on the first-floor level or ground level where this one there is a flight of stairs to go up to it.

Due diligence items to keep in mind (in addition to your home inspections) will be the insurance rates for an older home.

As an engineer, the items I've listed are typically what I refer to as development costs prior to building. 

You have also account for items such as property taxes, insurance, repairs, maintenance, contract services (landscaping/snow removal), capital expenditures (roof, water heater, etc.).  

It seems that Airbnb always sides with the tenant and won’t pay for broken items.

Do I need to expense each item or material separately?