Think of it this way, would you rent a car where the rental agency requires you to cover costs if it mechanically broke down during normal use? 

. 🙄 That is another good way to do it.My deposit is usually 1.5x the rent so it would take a lot of rent increases to catch up to 1.5x of current rent.1st, last and normal deposit is also a great way to do it!

Normally I'd refinance but I can't let go of that interest rate (especially these days) or else I'd destroy my cashflow. 

The house was originally a mobile home that has been added onto and now 'looks' like a normal house.

Financial freedom requires maintaining your lifestyle for life.

They charge parts only if they do something during normal rotation, or change the pool filter. 

Could you have done better elsewhere - of course - but at the end of the day all that matters is are youLiving the lifestyle you wanted to live

Hey Rob, It's completely normal to feel anxious when making a big financial decision, especially when you're looking to scale up your real estate investments.

As might be the case in a Flip that needs work or similar.I am assuming that it would be OK for me to do normal maintenance on a rental that I would be holding long term - such as mowing, small fix-it projects, etc..

If this is going to be a limited PARTNERSHIP (you references "we"), then you will have to have a partnership return completed separately and earlier (March 15th) and the numbers will be put on a K-1, which then will be put on your normal 1040 which will be due on April 15th.