I have my painter itemize extra charges so I can deduct from deposit.

I have lots of extra time on my hands, am self motivated, and mostly have a desire to learn more about real estate.

When people here send me private messages or ask me on a call, one of the many things I'd tell them if they want to buy pre-construction is to check the developer's construction license and that it complies with the zoning rules (and I'll tell them if I know what those are).You woudn't believe the amount of people that are ready to put a sizeable amount of cash on the table but won't spend the little extras needed to make sure they don't lose it.

@Brandon Sisco Agreed 85% is available but there are a few more requirements to get the extra 5%

My mom keeps hers at 68 due to health reasons so I figured give people an extra degree. 

If you have paid extra, or if it's interest only, or some other feature...you may have to do something different but amortization schedules are usually a good place to start.

However city is imposing a good amount ofimpact fees based on the bedroom count - which accounts to close to $40 k , which i cannot afford- Ibought the house for myself to reside and cannot afford to pay this.We verified with city prior to buying and theyconfirmed it is residential zoned , however never mentioned about any impactfees.It is residential zone - MLS shows it as 3 bedroom 2baths - it had a extra unit  in the back and also a inbuilt rolling bed on 1st floor for the main I am stuck here- they are asking to prove it was usedas a residential -ever - any guidance would be appreciated on this.

My experience is to spend some extra time and get granular with the data so it best fits your marketing needs.

My strategy is to house hack but not too sure on how  set my listings for the two extra bedrooms that I have.

Since your passive income currently covers your living expenses, there are a few extra layers you want to be sure you have someone with the analytical experience to guide you to the proper approach.