@John TiernanDepending on what you will be able to charge for rent and what the ongoing maintenance costs of your property, you likely got a good investment on your hands if you are all in for $35,000.Regarding your question on what is deductible - It depends.it seems as if your property was not "placed in service" until after the rehabs were completed.If this is true - then the costs to improve the place need to be added to basis and depreciated over it useful life.

My interpretation would be you would also have to sign the contract or include and or assigns to be added later.

You can see the deed line shown to the south and to the east of his property.John has requested that I contact you and ask if you would be willing to go back to the original deed lines, or modify the current deed lines in order that there would be enough room for a driveway to be added and a larger back yard.

Search "Sell my house fast in Chattanooga" and then reach out to them to be added to their email list.

@Felix Stone, Something doesn't seem to be adding up here. 

However this fee can be added to the loan, rather than paid in cash as a closing cost.

Like when they collect, when they send out a late fee notice, and when I can expect payment to my account.So the first Addendum starts with "The following terms and conditions are hereby incorporated in and made part of the", the box that was checked said "Other" and they only listed their company name and requested that their name be added to the liability insurance. 

3031 housing units to be added.

I sent her a notice saying he needed to be added to the lease or he needed to go, and if not that she will be getting evicted for violating the lease agreement. 

It's worth reaching out to real estate agents in your area to see if they keep such a list and if you can be added to it.