Now, when you talk to the tenant today, be straightforward but professional.

Pay attention to the details and be organized Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

If you sell it, you get $250k single / $500k married exemptions from capital gains.Speak with a tax professional about how much you'll save in taxes by doing this. 

I have no investment experience, only stock market and IRA’s, but I hope to learn a lot from professionals on this forum.

I found this property through my network of local real estate professionals.

i told them to apply to programs that are available to help with electric bill. 

Investor pays $2K program fee and 25% of the note acquisition price (they finance the remaining 75% via a participation agreement - at 12%).

It could be helpful to you (lenders will want to see lease agreements) and it is good for the family member (they actually could do a program where them paying rent increases credit). 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Additionally, the study must be completed by “qualified individuals” and “professional firms” that are competent in construction, design, auditing and estimation procedures for building construction.So while a specific methodology isn’t required by the IRS, taxpayers must ensure that their depreciation deductions and classifications of property are substantiated with supporting evidence.