Or, in Providence, RI they took the oldest indoor "mall" (Arcade) and converted the second and third floors to apartments.  

Any of these will leave you in a much better position for success, and provide a greater income while you learn.  

Establishing a separate entity, such as an LLC, for your rental property business could provide more flexibility in claiming deductions associated with business-related assets like vehicles.

If so, invest.Then, ask yourself does this property provide the characteristics you need for it to give you your return-- location, rental demand, buying demand, physical structure, etc.

.- Do I qualify for for a section 121 exclusion sense I lived on the property for the first 2 years of ownership?

I would be wary of any service where you pay a lump sum and they provide the items.

Having a GC that will provide good documentation, itemized receipts, etc. will make the process much easier I've noticed. 

Then they won't need an upfront payment for work they haven't provided yet.Also, get a signed contract, copy of the drivers license, contractor's license and be added to their liability insurance.

Cruz seems to focus more on seller financing which seems to be limited as a lot of sellers don’t offer this.  90 day rental road map focuses on private funding with exclusive lenders for their students that will fund 100 percent of the deals.  

The facts are the same as in Example 1, except that B's child turns 13 on February 1, 2008, and B pays for the care provided in January 2008 on February 3, 2008... ...the amount B pays will be an employment-related expense under section 21, because B's child is a qualifying individual when the services are performed, even though the child is not a qualifying individual when B pays the expenses.So we CAN, after all, claim expense up to the birthday day!