The Kwikset Smartkey system is an accident waiting to happen, the stories of them jamming up when you try to reset them are true, it happened to me.

To record it as December, you would have to back date it and the bank reconcilation would be off.

YES, I do provide a bonus / penalty structure to my contractors.

Quote from @Daniel Tanasa: Another option is to get a small cash out refinance from the house you plan on fixing up, if is in financeable condition, and use that to fix it up, while still cash flowing.

Mostly tho, make sure there is demand for your product. 

Some people will push to get the maximum, even if it means they may wind up with nothing. 

Any guidance would be most appreciated, so we can be better prepared for our tax returns next year.Thanks so much for your time !

From what I've been hearing it's approximately up to 3 months to place section 8 tenants there but the leases can range anywhere from 1-5 years.

When you do the turnkey offerings to completely new investors like that, you're going to end up working with a lot of inexperienced investors who blame the turnkey operator for things that are a normal part of the property management business.

I've signed up to my local GaREIA 2 weeks ago and already started networking there.