Going to try to schedule something with him this week.

Reliable tenants pay rent on schedule, stay for many years, and take care of the property.

You can also avoid the additional oversight of your project by the lender and you'll have more flexibility if you need to make changes throughout your project.While I can't speak to tax strategies, you should be able to list the mortgage interest for investment properties on your schedule E, whether it's a HELOC or an equity loan / cash out refinance.

The seller, frustrated with the process, was eager to sell quickly.Instead of seeing this as a deal breaker, the investor saw an opportunity.

@Albert Johnson sounds great, but wholesalers will lock you into a contract with the hope of selling it off to someone else and pocket the difference. 

This was 4 weeks before scheduled close.

.- Yes, if the property is rented, you can claim depreciation and must also file Schedule E with your federal return.If you need further assistance, you've come to the right place to reach a tax professional. 

Thus, the PM generally has at least some role in mitigating problems and costs associated with the tenants on the property.In the end, what additional fees you charge as the PM is up to you, you just need to make sure that such fee schedules are explicit in your property management agreement.

We set payment schedules in writing twice, and she had to break our written agreement and ask for another extension. 

They take 10% for all managed construction, so this is not a favor to ask for progress inspection on a project that was behind schedule several weeks, and was a vendor from their list.