Thanks  So I did put my CPA and attorney together to create this structure.Everything rolls up under my personal tax return and there is a schedule E for every property. 

I'm brand new in my journey to build something great.

The new finishes will receive wear and tear from a tenant you already have and won't appear as nice as they  would if brand new to maximize rent increase at turnover.

Check out the E-Myth by Michael Gerber.

I am brand new to real estate investing, but I’ve been listening to BiggerPockets podcasts for the past 3 months and I read 2 of Robert Kiyosaki’s books.

It's brand new so there should be very little in repairs or cap ex for quite some time.

If RE is brand new to you, I would focus on playing defense:1.)

That's far from a definitive answer because its an owner occupant and a single family, but I would imagine if you e-mail the house/building department they should be able to give you a firm answer.  

Here’s why:- unless you strategically reported your taxes as making 100% income and not reporting an entire loss on your schedule e - you will most likely not find a lender who will qualify you for a HELOC.

I'm brand new to investing and happy to connect with you.