This approach provided the flexibility needed to address unexpected challenges, such as the foundation issue we encountered, without delays.

So I pull over, get the address, get the owner's info from the county assessor's website, & add the info to a spreadsheet.

Additionally, we addressed all necessary repairs to ensure the home was in excellent condition.

I can't address the accounting question, but from the listing perspective you always want to represent the property accurately, and make it as attractive and enticing as possible.

I'm debating to just giving the buyer a discount or money back so that he can address these repairs after closing but I just thought if I did these repairs prior to closing, if that would benefit me tax wise.If I put in a new roof and add a new sewer pipe to the property would that have any tax advantages even though I am selling the property in the same year?

Make sure to pull the mailing address as well because for tenant occupied properties that helps to get the owners phone number.We then put this list into BatchLeads Skip Tracing for $0.09 a lead, and can bulk skip trace.

You'll want to make sure you have every contactor fills out a W-9 collecting their name, address and tax id. 

. #1 because you will be living there yourself and can address issues as they come up. #2 because most property managers are too overwhelmed with the volume of units they manage to give you personalized, meaningful service. 

I'm limited with how much I'm allowed to answer on the forums when questions pop up.I did want to quickly address one of your questions - we can handle payments that exceed $5k.

What I have found helps most, and also addresses bad actors, misunderstandings and misrepresentations as much as possible, is to explore real-life scenarios specific to each investor.