Huge (sometimes exhausting) learning experience for sure!

Would a new exhaust system, for example, be depreciated rather than expensed in that tax year?

Recaulk if necessaryWipe down outside of toilet with cleaning wipesClean faucet and sink with soft scrubClean exhaust fan grillCheck/dust/vacuum window blindsWash walls with dish soap and waterWipe light switch plate and door handlesWash windows, check screens & latchesTest all outlets for polarityBegin PAINT PREP sequence if necessarySweep/mop floorLiving RoomRemove everything left behind.

And by the time it is all over with, and the eviction process is long, we are absolutely exhausted!

Exhausted, frustrated, and running out of hope so any help would really go a long way.

You don't realize how exhausting that can be, unless you've done it.

If they have a clean credit and background history and 3x Pay to Rent they are ok'd for rental if not I keep moving along.YES, this is exhausting and lasts a lot longer than a month to fill a vacancy but its a lot better than the alternative which is going to eviction courts and losing up to 3 months rent plus the court fees.I have very low turnover.

I don’t have exhaustive knowledge in this particular subject.

@Jeremiah Miller When you draw on the line of credit, your HELOC, once you exhaust it from buying assets........INCOME PRODUCING assets, not boats or toys..., you should or could refinance that heloc into permanent financing.  

The inspector came documented the panel model #, confirmed that there were GFI's in all code required areas, exhaust fans to outside vents installed & dedicated circuits to all appliances, as required by city code.