You are required to file a complete and accurate return, which means reporting the income that you earned along with atleast the direct expenses that you incurred on your rental.There are two comflicting forces - Your tax accountant wants to be aggressive with deductions because it will entitle you to paying less taxes(now or in the future).Your lender wants to see as much income as that will increase your Debt to Income Ratio(DTI).The good thing is that you can speak with your lender about 'one time expenses', that were only incurred in that year and are not reoccuring. 

Ask agent to do final walk-thru video to send to you to confirm quality of work BEFORE final payment to contactor.8) List the property for sale.NOTE: we're heading into winter/holidays when all real estate activity slows.

Quality contractors already have their plate full . 

@Scott ChampionRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

I wanted to learn so that I could 'speak the same language'.

Zillow likely uses survey results to improve the renter experience and listing quality.

LOTS to talk about in Calgary as quality multi-family deals are being snapped up quickly, multiple offers on handyman specials, and parts of the city is experiencing Sellers Market, while the CIty of Calgary has decided to continue their major capital reinvestment projects, so there will be emerging areas soon! 

A lot of Realtors will say their market is best, however, if you speak to any massive investor (not just real estate) they will all mention Colum bus.

While speaking and telling him to pay rent, all of the sudden he started explaining to me that he was waiting for the lease to be renewed and then he was going to pay rent. 

We reigned in the budget for some painting and minor handyman work .. and she obliged to our budgetary restraints .House is being shown as we speak.