You also mentioned leases, which key check offers for $30 with e-signing.https://www.keycheck.com/I've been a partner agent for nearly a year and enjoy hearing that client owners love Furnished Finder.  

With my young son, full-time W-2 job, the fact that I have been consuming a lot of educational materials until now, I just haven't been able to get everything on paper.But as I finish up The E-Myth Revisited, I think I feel comfortable enough to start putting everything to paper, start getting out into the area, and lining up some funding alternatives.Wishing everyone success!

Read and familiarize yourself with these:Residential Rental PropertyBusiness ExpensesBusiness Use of your HomeTravel, Gift, and Car ExpensesSchedule E InstructionsPrimarily focus on "Residential Rental Property", "Business Expenses" and "Schedule E Instructions".

Should I file Schedule C or Schedule E? 

Peter,That does not sound accurate based on having a Schedule E and being able to take those deductions as well as other standards.As an investor it’s not a bad thing to show more gross income which usually allows you to buy more properties with more income and a lower DTI.

None of the documentation you have signed/e-signed so far is binding.  

But, if you are not a professional REI, one adjustment I would make to what Katie wrote is that you would report the income (and deductions) on Schedule E (for rental real estate) since it is passive income, and you wouldn't use Schedule C. 

Also, the school has one of the most successful sports programs having won 8 state championships in football.

Also, the school has one of the most successful sports programs having won 8 state championships in football.

If you walked up to Michael Jordan and said, "I want to learn sports" he would walk away.