When I go to Tools/Pro Partners/Home Depot and click on "Activate Perks" it has me sign in to my Home Depot account.

(Meanwhile I had to pay a "rent" that went into an account for major repairs) Me wanting a nice house to raise my children put a LOT of my own money in for cosmetic repairs and the house is now worth more than double the original purchase price. $219k - now $500k market price in very southern Maine/NH border.

Get a cost seg study done.Once you convert your primary residence into a rental, you can get a new cost seg study done and take bonus depreciation to offset the new rental income.5.

To begin investing in real estate, learn first, set financial goals, analyze finances, study markets, make friends in the field, get a loan, start with small properties, check all details, plan how to manage them, and choose renters carefully.

If you need a reliable roofing contact, let me know—I’d be happy to recommend someone.Your agent should have negotiated a clear possession date that accounts for the seller needing extra time to move.

We do get a better fee/split structure, and that's a fair trade for the extra work of managing a large investor base and it's associated extra accounting and tax reporting overhead.I also find the advice in the OP to be contradictory. 

@John CarrI recommend finding an accountant who specializes in real estate taxation and tax planning.

My advice is: If you are managing from a distance, you need someone with a high level of accountability and close proximity to care for your assets.  

Tenant PotentialRental Market: Study local rent prices to understand what you can charge.

I'm sure this is a typical case study for a total beginner, I don't really know what I'm doing.