This is an easy qualification on most old units because if you test them, they will almost for sure need abatement. 

But finding a virtual employee who you know knows what they’re doing, won’t “half-*** it”  and yet won’t run off with your money might be harder than it sounds.

Sounds like Wagner met with the builder for Bennah Oaks and Nathi Townhomes. 

I'm thinking of maybe just lumping them into a category under repairs or something but want to see if others have a It sounds like categorizing deductions under a ‘repairs’ category could work as a temporary fix, but it might not give you the full accuracy you’re looking for long-term.

It sounds like you have a great opportunity to maximize the value of the property with the right investment.

You could ask the Contr to use a flexible compound if this happens again, or maybe even now...https://www.dap.com/products-projects/product-categories/pat...Take pictures of every place it occured....it's easy to forget after a couple years....

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.Here's a guide that teaches you how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...Finding deal that cash flow is the easy part.

Sound like Fund & Grow business model for $3500 for the year.  

It's easy to bite off more than you can chew in this business and that's especially not a good idea for your first deal.

@Allison Cutlip No offense intended but "How do we create a lease" and "How do we find software to manage the property" sounds a lot like you need a property manager.