So If a tenant then ask for reimbursement, we tell them that their renters insurance will cover the cost (whether they actually have it or not isnt our problem).

I think that's riskier than what you'll save in taxes, if anything.If they're already in a lease and can get it extended, maybe you could offer to reimburse them (at closing only) for the extra 2 months rent in their current place.

Tough question and you should likley consult your CPA, however, i would suggest (and confirm with your CPA as I am not one) that the unit be paid for via a check from your LLC to you as a reimbursement of costs and then used for all of your vacant homes.

The house is as is for a reason - the bank isn't making repairs and they won't be reimbursing you for repairs you make whether you walk away from the deal or not.

Inflation is about 2 to 3 % a year so value of the dollar you are keeping pace on about a breakeven scale.Most retail is base rent per sq ft with NNN cam tenant re-imbursement.

We were throwing some ideas around and came up with this scenario:Purchase price: $50,000 + $20,000 in rehab costs = $70,000 Total Investment$70,000 Investment + 20% Interest = $84,000 Owed back to private lenderNow, would we be able to pull out a traditional home loan for this property, use that money to re-imburse the private lender and then make regular payments to the bank?

That means, you get reimbursed for work completed (reimbursed if you come out of pocket, but you should be able to avoid this problem). 

It doesn't seem like the charges have anything to do with rent - they are reimbursement for damages.  

HUD also offers some repair escrows which means, once you make those repairs, you will get the money reimbursed from escrow..not bad at all.

They have been reimbursing me for utilities in my name.Am I allowed (legally) to remove the utilities from my name?