I also needed objectivity in the transaction, which a buyer and a seller just can't do.I also used an agent in NC because the market is totally different here.

Hi all,I’m just getting my feet wet with Real Estate investing and currently taking online courses on the investment process, principles of calculating returns, performing market analysis, analyzing cash flows and the different types of investment opportunities.

My assumptions based off research is I will be able to deduct 1/2 of all allowable expenses based off the ADU square footage (My understanding of that list below)  1/2 Mortgage Interest (Not principle) 1/2 Utilities 1/2 Property Taxes 1/2 Insurance (assuming I don't have separate ADU insurance)  1/2 general house maintenance (depending on the issue and if it's related to the ADU)  1/2 Depreciation (Home value, not land divided by 27.5)  KEY QUESTION: If my mortgage (PITI) is $5400, and all of those ADU deductions equal $3800 monthly, and my ADU income is $1800 monthly, am I allowed to pay the difference in "deductions" from my real estate business income? 

Start by identifying your goal objectives. 

It is more time consuming if you are managing it all yourself.You didn't list selling a property as an option to pay down loan principle.

.#6) Here's an excellent, objective resource that may help further: https://www.investopedia.com/articles/personal-finance/06151...We hope this helps!

@Sharon Patterson, any rehab is a "project" and basic project management principles state that there are 3 key interrelated aspects to all projects: time, scope, and cost.

Petition for letters of administration noticeand 1 other notice for a list of family members of a deceased to file an "objection" to a petition.

One of the common things I see with newer investors (I was guilty of this as well) is the "shiny object" syndrome. 

Again a real reduction in tax over the same profit.How about the principle repayment paid for by your tenants.