The property is broken down into land value which is non-depreciable and improvement (building) value which has the 27.5 year schedule.

PM would charge you 1 month rental fee, so if you consider it a monthly breakdown that'd be broken to 1/12th of rent per month into your calculations.

Be sure to talk to them about 3% down conventional loans, because FHA loans are notoriously difficult, and sellers will prefer a conventional over an FHA, because the FHA appraisal requires the seller to fix little things like peeling paint, broken window panes, loose handrails, etc. while conventionals typically do not.Some borrowers are approved for a higher loan amount through FHA than conventional, but I believe the MIP is generally higher.Also, this is something your agent should be helping you with.

Hello, I just found BiggerPockets, I’m in Broken Arrow just outside of Tulsa.

Unkept lawns, carboard/wood to replace broken windows, roof damage, etc.

I keep 50% of all deals, while the other 50% is broken up between lenders. 

If not, you should do that next time.There are things that are not apparent from a walk through such as roof issues and other things that should have put up a red flag to the agent right away (knob & tube wiring, stairs without railings, broken walkways, etc.). 

The kitchen cabinets are 25% broken, so they will definitely need replacing, and kitchen vinyl flooring is in bad shape.

The USPS has chain of ownership all the way to the IRS.Besides, the likelihood of an IRS check *arriving at an apartment complex box on the very day it is broken into is rather like being struck with lightning.

Light cosmetic, full cosmetic, full cosmetic + mechanicals, Full cosmetic + full mechanicals + exterior.If you have those categories broken down into sq ft you can give rough estimates.Good luck!