We plan to deduct 1/5 of the total ($2444.80) on the Schedule E for each 1-BR unit.

For rental income reported on your schedule E, a different calculation will be used.Your current primary residence can also be converted to a rental. 

Can I put the mortgage interest as a deductible for my real estate property in Schedule E under other section.

. ;)All your losses are on Schedule E.

we have had pipe breaks this winter but were are covered with our extended policies. this no doubt will come down to this PM's E and O insurance. 

This deduction is typically claimed on Schedule E of your tax return.Points Paid for Refinancing: If you paid points to refinance your rental property, you usually must deduct the points over the life of the loan.

I think that is a 600%+ increase over 27 years to its current price of $1,450,000.https://www.zillow.com/homedetails/350-E-Orange-Grove-Blvd-P...

Do you think you’ll make more with the family after you pay for e extra utilities and wear and tear?

  " this means that the lender is looking at our tax returns  then (eg, the schedule E) of income and expenses..

Quote from @Scott E.: Nothing inconsiderate about this as long as you are planning to follow through and actually buy some of these deals.If you've already dialed in your buy box then you're probably only sending them to properties that you are likely to write an offer on (the right location, the right condition, the right bedroom count, the right lot size, the right amount of bedrooms, etc).That makes sense, yes I have a pretty small buy box anyway so there's not a ton I'd need them to see - only about 50 match my criteria to begin with and that's before I rule out the ones where the numbers won't work