Excuses me Most probably not.Here is a lease purchase benefit sheet I give the Home owners PRAYING THEIR AGENT GETS THEM ENOUGH CASH AND FAST ENOUGH TO MOVE ON WITH THEIR LIFE.Lease Purchase Advantages For Sellers Lease Piurchase is a unique strategy to sell your home.See the Wall Street Journal and Money Magazine for Rent to Own and Lease Purchase to Sell Your Home!

As long as you used the gift cards all up and promptly, I would probably staple your gift card receipts (showing you paid $90) to all your receipts of items purchased, and then just put it all in as one general journal entry with the $90 to your capital account (or if it came our of your business out of your biz checking account), and then the items you purchase multiplied by 0.9 either to repairs OR to increase the basis of the improvements which you would then depreciate.

You'd want to subscribe to some of the local business journals and see if they have free e-mailed newsletters so you can get a feel for the state of the market and long term rental viability...that's my suggestion, anyway.

A shout out to @Chris Clothier and Memphis Invest for the mention in Saturday's Wall Street Journal.  

keep a journal you carry with you at all times.  

Since the conference, I have added daily journaling per Joe’s recommendation.2.

A article recently published in Biz Journal about a friend of a friend who purchased a 160 unit Class D- with $65k/month in rents brought it up to $90k/month.

. - Ended up getting it months and months later however, I got word from one of the contractor's workers that he was totally putting off my job and most likely delaying the permit process on his own.A project were doing for a co-op in Journal Square JC - we got permits in 3 weeks,however, that is just for construction versus electrical, plumbing, mechanical.I would expect 2-4 weeks in a normal town but JC I heard can be longer depending on what your requesting.Also, in some towns if you tell them you're flipping versus applying as a homeowner it can take longer. - Also, if you're flipping some towns will make you get an architect to do drawings if you're doing a half bath or other things.

Then learn how to use General Journal Entries, P&L Reports, Balance Sheets and how to create accounts to keep track of various expenses and assets.  

I've seen a lot of these filed against Sacramento county properties published in The Daily Journal 10-15 years ago but not as much as compared years ago which "maybe" it would seem like she had neglected the property.Regarding question #3, if your appointed administrator, it's going to take away from your personal life and your work life plus the fee's your required to pay for filing the case publication plus the leg work.