Obviously BP is great for many things as education and networking for more specific items for your area.

@Dre ScottWhat you call materials and what the tax code calls materials are two different things, unfortunately.The initial rehab, including both labor and materials, is generally not deductible right away, except for some specific items such as appliances, carpet, fence and similar things.

In this audit letter, the Dept of Revenue was looking for some specific items on this transaction, from all parties - seller, buyer, and title company.Here is what they wanted (wording directly from the letter except where some privileged info is involved in the third item):* A copy of the installment sales agreement or purchase contract for the property.* A copy of any appraisal of the property that was completed within the last two years.* The computed fair market value of the property was _____ & the grantee purchased it for _____ .

That includes paying principal so even at break even your building equity.If you have a specific item let me know.  

Here's a link to the IRS website noting specific items that are included in the cost segregation study report.

You could also write up a “house rules” document separate from the lease in order to cover property specific items such as common areas, disputes with neighbors, quiet hours , etc.

Start by asking them to come back and fix the specific items that were done incorrectly.

If you don’t want to charge them for the entire cleaning, request the cleaner to itemize per room or per specific items for you.

This specific item wasn't covered in the portion of law I read with it and was more mentioned in passing to express that that path has more to it than just collecting payments.

Curious if anyone had some Do/Don’ts , specific items to keep track of or wish you had done when you started.