For me I do not mix the two since I never ignore any downside when screening tenants.

However, the blind naive belief I had in that 'system' made me stick with it far longer than I should have and ignore the advice of those in my life with much more business experience. 

Some people are simply ignorant about money and finances and there is nothing you can do other than show them what they will make and what the income from it will be if invested.

- refer to the original depreciation schedule but "pause it" so that I pick up depreciaiton as if no years had passed in between rental use (this doesn't sound correct, but it's an opinion I've come across in my research)- start fresh and ignore the previous depreciation schedule, picking the lesser of an adjusted basis (original home purchase value minus land value + improvements) or fair market value minus land valueI have spent several hours looking at IRS publications and searching forums with mixed or no advice.

Seems like two kind of people out there....one's that focuses on keeping a tight hold of their assets and one that ignores their assets they've built while going out to obtain new assets

Ignoring that and saying investors should stop flipping houses doesn't seem to address the core issues (at least in my view).

I'm pretty ignorant to all of this still forgive me but it seems if I have other wholesalers on my list it'd be harder to make a deal because they'd have the same goal in mind that I do.Any help would be appreciatedCheers!

Ignorance is a huge obstacle to overcome.

Title insurers don't rely upon maps like the ones you've included; and the plat would not be particularly helpful.Since you already know of an existing title issue the seller would need to resolve it, you could plan for dealing with it in your offer, or you could ignore it and take title subject to the problem... and yes you could get title insurance.

That means they have skin in the game and are less likely to be ignoring your calls come the 24th.I usually take a $200 booking deposit to hold the apt.