Just because some fellow investor includes it on her or his log, does not mean it flies - unless this investor was audited and won.

. - I've had multiple vacancies, including one where the tenant left after a year and cost me $6k in turn costs.

This factoring includes the presence of competent contractors who can limit unforeseen surprises and costs.Myth 2: They're Too Risky to Invest InThere is risk in any investment; however, distressed properties are not inherently riskier than any other real estate investment.

Including a self-canceling clause in the note ensures the balance is forgiven upon the parent’s death.

This can include structural damage, smoke damage, and water damage caused by firefighting efforts.

Or at least report it.  

Your 'cost' should include everything, from land purchase, soft costs, holding costs, and hard costs.

I know that interest on the acquisition loan can be included in the cost basis since it’s inventory.

Full gut renovation, including but not limited to full replumb, full rewire, complete mechanical upgrades, and new apartment finishes from studs.

The Homeowners Insurance will include Builder's Risk.