Since we are buying close to home I think our future loans will be labeled as investment properties.

Depreciation is normally an after tax calculation ingredient that will determine after tax cash flow and returns.

Sometimes, properties are incorrectly labeled or the details mentioned are incorrect.

However, the label of “Lawrence” is too large to treat as a monolith.  

I provide every unit their own recycling bin and two garbage cans labeled with their unit number. 

White-label loans (representing yourself as the lender but using another’s paperwork and funds), which I find deceptive, are also available.

@Dave Foster  Although I am labeling the property a "flip", it is a conventional loan requiring 6 months of payments before it can be listed.

The first-panel label states that the breaker panel is rated 40 circuits.

Also, I would label the damage deposit as a "non-refundable holding fee that will convert into a damage deposit upon move-in". 

I know that getting paid on the side would be operating as a broker and I have no intention of operating in such a manner, nor have I advertised the property in any manner that would label me as performing as an unlicensed realtor.I stated, or at least the communication intended, was that the BUYER insists on paying what we originally agreed upon which would be a significant profit for me.