If you loan yourself money and pay yourself interest, the interest is both an expense and income, so its a wash for taxes.  

The account number that I give out is essential a "wash account".  

I also am trying to mainly focus on owner financing deals, but with not much success as the majority would rather wash their hands of the place.

If they really wash and you can help them buy their yacht, maybe they will offer you a great prop with good cash flowGreat to have this forum and great members willing to offer advice.

You needed neoprene gloves to protect your hands (or wash up good without 'em!)

It should be fine , no different than washing machine hose hook ups 

@Aaron Cullen good question. if your rehabber cuts corners and performs below standard repairs, once they pass the property on to the property manager and new owner their hands are washed of it.

I spoke to a bank here in CA a few months back and they indicated that because the rental history of the properties is so limited that most lenders would consider the properties as a wash i.e. not count as a debt but also that the rental income from the properties would not be counted as income therefore basically adding nothing (positive or negative) to my debt to income ratio.

Be especially careful charging a tenant for the entire cost of carpet when the carpets are like 10 years old Picture or pin holes in walls, as long as not excessive Painting the exterior of the home Pressure washing unless there are oil stains from their auto Routine maintenance 

.• Floors, stairways, and railings in good repair.In addition to these requirements, each rental unit must have all of the following:• A working toilet, wash basin, and bathtub or shower.