Rental income and expenses, such as mortgage interest, property taxes, repairs, and depreciation, can be reported on Schedule E of your personal tax return, regardless of ownership structure. 

@John BuschHi Christopher,A few great local options to consider are Mike Keith with A&E Construction (352-270-0399), Citrus County Handyman (352-440-3305), and Dynamic Craftmasters (352-422-5119). 

Long term, fundamentally sound real estate shouldn't be returning 20+% IRRs, historically.  

By prioritizing fundamentals over chasing ROI benchmarks, he’s now sitting on an asset that’s appreciated 30% and maintained strong cash flow.Personally, I once miscalculated reserves on a triplex I bought early in my career.

I'm an investor here in Columbus OH myself and have seen the city's solid and steady growth with strong economic fundamentals driving the market like major companies moving here (Meta, Intel, Google, Amazon, etc), job growth, and population growth.

The Biggerpockets books were fundamental to the start of my journey in REI.

If E has any priority over B, for instance, I would not invest in this structure, given that my bank account puts me at a Class B share (side note, their Class B is a little more GP friendly on the surface, than other groups, but devil is in the detail).  

I know that the general guidance is that emergency funds aren't to be invested, but given our financial security and the fact that we already have a personal e-fund in a safe, non-volatile location, would it still be crazy/unwise to invest this 15k in an S&P500 index fund in a brokerage? 

Quote from @Michael K Gallagher: @Jonathan Greene thank you for the reminder, its often the fundamentals done well that win out time and time again.  

For Conventional, you can only use 75% of the gross rent until you have Sched E history for the rental for a net rental income analysis.