And they broke all the blinds and want their security deposit back since it is so clean and landlord don't need to clean it! 

And I am not sure if that's because luxury property rentals just don't have the same ADR here in comparison to other markets - in a lot of other markets even as far as West Virginia in harpers ferry you can easily charge $800+ in those markets, whereas inWe haven't purchased the area in Airdna or Pricelabs as we are just looking at the data at a high level right now before we commit to that one area since we are looking at a couple of other properties too.

So as far as the accounting is concerned you wouldn't put the principle in the profit and loss statement.

Every state is so very much different with every county with slight differences.

Unless there is so many nail holes that it effects the aesthetics of the wall, it is normal wear and tear. 

As far as bonus depreciation goes though, is there a need to separate the operations from the property?

If they won't release it, refinance the note and bring enough equity that you can exclude that parcel from the refinance.As far as the ROW owner, I'd burn his *** for not being cooperative.

As far as potential, Madison county would be first without a doubt, then Limestone county. 

I have 3 that have done better than $10k/month over their hold including the 2 listed above.I can go back as far as price records go back in my market and the longest period without gain was ~12 years after the Great Recession.  

Yes, annual inspections can be annoying but it's not a big deal.As far as paying a guru to teach you how to do S8.