Common deductible expenses include mortgage interest, property management fees, repairs, and even travel expenses related to property management.

These are good indicators of quality tenants.You can also adjust how much deposit you take as well.

Shooting for three 8 foot logs of high quality.  

When they eventually move out, I plan to do a full renovation to bring the unit up to high-quality standards and maximize its rental potential.I’m happy to connect if you ever want to chat.

I read on Lee Arnold system . com that joining the inner circle gives access to up to 100% financing on residential loans including Property Purchase Price + Closing Costs + Rehab Costs if that amount is 65% of the after repair value (ARV) as determined by a third party appraiser.  

I don't know how difficult of a task this would be, but suspect it would make for better quality forum content. 

Every customer is assigned to a group of team members there and I imagine each team varies slightly in quality given the human element!

Here is a question i'm wrestling with and would appreciate any advice on: If you plan to invest in an out-of-state market, should you partner with an investing group based in that market... or would it make more sense to simply find the highest-quality mentoring program, regardless of location? 

Repairing to sell might recoup some costs, but given the market and your limited funds, selling “as-is” is likely the best option to minimize further losses.

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.