One side issue, what if mom needs a nursing home.....I've read elsewhere that the Medicare folks are smart enough to ask: "does mom own a home or other assets that she should use to pay for her nursing home (and exhaust those funds) before Medicare pays more.....and they're smart enough  to ask "has she gifted her home to the kids in the last 5 years?

We would exhaust a majority of our loan initially obtaining the property with probably only about $5k left for renovations depending on how negotiations go.

On the other hand, you could do one or both properties this year and roll forward any unused tax benefits each year until exhausted.

I know its not an exhaustive list, however it has given me an idea of the type of things to look out for.Cheers!

You couldn't possibly have exhausted the opportunities there.  

So, I vetted about 10 realtors and interviewed the first one I met with at our first showing with an exhaustive list of questions I found and it turns out he was an excellent fit. 

Anyway, this story is ongoing but I made some progress.So I got the house under contract for 72,500 - after exhausting my potential buyers from REI club friends, I BUY HOUSES ads and craigslist responses as well as meeting with a member from here - they told me the price was too high and that two families would typically go for 55 - 65k max in this area.By chance I was meeting my realtor in Jersey City in a bar/restaurant where she happened to know the owner - and he does lots of buy and hold real estate.

I am exhausting all of my options before selling.

Account Closed my residential loans hinging on debt to income ratio have been exhausted.

For example, has the exhaust hood above the stove been cleaned, including the pipe to the exterior?