For example, if your old tenant moved out November 25th and you place a new tenant 15 days later, then you can hold the old tenant responsible for 15 days of unpaid rent.4.

@Bijan SabbaghiYou don’t that’s the challenge - we pull data from several places as a note holder and for example and currently we see less than 20% actually going to foreclosure as most are ending in bankruptcy right now due to borrowers equityThe ones that are under water are typically going back to the bank.Best bet is to find properties where deceased or maybe divorced to get higher chance of actually going to foreclosure

Could do I a lot less to get lower rents (for example an upgrade may be $10-$15k where a bare minimum repairs and cleaning may only be $1-2k).

I'm struggling to find a good example that doesn't involve shared laundry.  

For example, bank accounts we control and specific investor capital accounts are all tracked in this same software.For our investor reports, each month we download spreadsheets, write a narrative for the month's performance and then export it all to a PDF.

You do have to recapture depreciation.In your example you rented the property for 3 years and then moved in (let's say you lived in it then for 3 years).  

. @ $700k with 5% down : you would need $35k : why $700k if this is listed for $600k Bc as an example: you could do a construction loan where you buy the home for $600k and use $100k for the ADU.

However:Strategic Tax Planning: Work with a CPA who specializes in real estate to maximize deductions like depreciation, interest, and operating costs.Higher Rents for Premium Properties: Some investors offset the tax by focusing on properties in high-demand areas (downtown Greenville or near universities, for example) where they can charge a premium rent.Short-Term Rentals (STRs): Consider STRs like Airbnb, where higher nightly rates can make the numbers work better than long-term rentals.

Examples of general questions are local STR regulations, general expense expectations to run an STR, etc., expectations for the owner, etc.

Remove a smoke detector and an interior doorknob prior to inspection, for example.