I'm beginning to feel like the horse is dead, so I'm going to quit beating it.  

I once bought a home in a one horse town of 2,000 people while in college, it was a nightmare.  

However, I seemed to have put the cart before the horse because I don't have any lease agreements ready to deploy.

It would be easier to stall, find acceptable tenants and inform them they are declined.I normally throw incomplete applications in the garbage and if the applicant calls I point out that the application states "incomplete applications will not be accepted".

I do plan to call the IRS to get the info right from the horse's mouth.

Don't want to put cart before the horse.  

A few of the issues involved leaking showers due to incorrect installation of shower stalls.

You can't even tell it was once a horse its been beat so many times.

I see this situation come up regularly, some investors are trying to put the cart before the horse, they find an investment, get into deal personally and then they are looking at setting up a self-directed IRA to use their retirement funds for the deal.

It is comprehensive and organized like a textbook, which I think is most useful for this type of subject.Depreciation itself isn't too complex (search MACRS Recovery Periods for Property Used in Rental Activities on this page and you'll find a simple breakdown straight from the horse's mouth).