I don't deal with any tenants directly. 

There is a 1 inch gap between the baseboards and wall and the actual floor which presumably leads outside due to my having a room with 3 walls that lead directly outside. 

Otherwise the hold up of the sale and going back-and-forth we wanted to avoid.Because it’s now on the closing statement, are these a deductible repair expense like it would have been had it been before closing that would normally just be under schedule E as a repair expense.Cheers.Since the seller credit is now part of the closing statement, it’s generally treated as an adjustment to the purchase price rather than a direct repair expense.

Doing the math in aggregate, the solar fees minus the credits are roughly equal to my electricity bill before the credits are applied, so it is basically a wash.There are additional downsides:I cannot cash out the National Grid billing credits directly.

Do you mind sending me a direct message?

While I know this throws off my calculations a bit they are still directionally correct.Here are the numbers for my first property:Cash To Purchase - $53,250.25Mortgage Payments - $43,980.00Expenses - $16,738.02Total Cash Invested - $113,968.27Total Cashflow - $22,041.81Appreciation - $81,800.00Debt Paydown - $10,143.12Estimated Tax Deductions - $45,163.55Total Returns - $159,148.48Total Return % = 139.64%I have owned the property for 42 months so my annual returns have been 39.90%. 

The layout and comps will ultimately decide which direction to go in -  but it is hard to ignore the fact that families in the price range you mentioned will sour at thought of 4 bedrooms sharing one shower.

To maximize tax efficiency, it’s best to time cost segregation and bonus depreciation in the same year that REPS status is established so losses can directly offset W-2 or other active income.

I pay a real estate agent for listing properties and I handle payments through Rentec Direct app.What is the rate that should be paid for property management (partial PM as described).

DM me, and I’ll point you in the right direction!