Hey James, the most important part of investing from a distance is building and improving reliable systems, generating deal flow, and building a rock solid team.Read this article on the "core 4".

Similar to the allowances in a pro forma, they are simply set asides and only become expenses when the property taxes/insurance are actually paid from them. 2) Capital Expenditures - They certainly feel like expenses, but certain improvements cannot be expensed outright but instead have to be capitalized and expensed/depreciated over time.  3) Depreciation - Finally some good news! 

At the end of the day, you didn't start your business to be a bookkeeper, so my advice is to focus limited time & energy on the things that you love & excel at! 

Efficiency. 

This included updating the kitchen and bathrooms, improving the landscaping, and finishing the basement to maximize rental potential.

This change improves privacy and minimizes unauthorized access, but it's essential to consider local building codes and regulations, as many jurisdictions require safe egress routes for basement units in case of emergencies.

Appreciation for the most part is non-existent unless you force it w/ improvements.  

The energy, dedication, sacrifice, and unity is unbelievable. 

I stand by what I said earlier about access to capital - as an investor I know that its pretty easy to access large amounts of capital, and anyone who spends a lot of time, money, and energy marketing for capital is a red flag.I believe Summit has filed for bankruptcy, but as this has happened multiple times already expect them to resurface soon with a new name & new website.

I am just looking to find the most efficient, seamless, and breakeven/limited funds owed option in all of this at closing.