This way your roof will look nice and straight and have plenty of support.

And .maybe I should count my repairs as depreciation instead of straight deductions. 

I’ve been renting rooms for nearly 9 years straight.

Requirements are straight forward..

As it likely varies from state to state, I would go straight to the horse's mouth.

So when you buy, you first want to calculate as if it’s a straight up rental property to figure out what the positive cashflow will be.

Wow this question is so vague I have no idea how to give specifics...On a 10' x 10' room (similar to your standard bedroom) I can remove everything down to the studs in one day.1/2- 3/4 day to rewire (simple cosmetic such as changing the number or location of outlets if you're actually changing the wires itself up to higher codes it can be 3+ days depending on how the house is wired and accessibility)1/2-1 day to insulate1/4 day for any windows or doors that would need replacing for the 1 room2 days for drywall (so long as the studs are straight and level)25 hours of taping (+/- 5 hours depending on the number of corners/edges) spread over 7 days usually front loaded 3-4 hours the first 2 days, then 2-3 hours for the remaining 5 days.2 days painting; 2-3 coatsflooring will depend on the product you're using but unless it's hardwood or laminate you can usually get it done 1 day.1 day trim and molding1 day clean and finishing touches.One thing that shouldn't be overlooked is the time it takes to purchase the materials and get them to the job site.Another is where you can actually do the work.

You will get straight forward answers for the areas they can feel comfortable answer your questions.Some items are a matter of interpretation of the law and they will not answer questions related to these areas.

A straight up sub2 would mean they paid you for all your equity at the buy. 

Buy some shares of Apple or Amazon, don't jump straight into penny stocks just because the price is so enticing.Best of luck!