On the lease, he'll pay me $100/m over my HELOC payment and all other expenses, including the refi cost, inspections, title work, etc... 

It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

Include in your model rates going up by 2%, and just make sure you enough cash to cover. 

Would you share 3 specific things I should do during my "training period" (if it includes a book, which one)?

This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.

Are there any specific clauses I should include in a room-by-room lease for a shared living space?

I have flipped 30 houses, including having 10 projects going simultaneously, one of which sold for $1.8 million.

It added new stipulation, including the ability for housing providers to get 100% back rent owed even for tenants that have moved out already.

He said that typically in flip deals its around 30-40% down but if construction was included it would be about 30%.