@Nicholas Aiola good explanation. 

Your explanation of rental property sale losses being capital (not ordinary) losses implies that it is not considered 1231 property.But IRS Publication 544 states:Section 1231 transactions.The following transactions result in gain or loss subject to section 1231 treatment.Sales or exchanges of real property or depreciable personal property.

For me, if a manager is going to exceed the repair threshold on non-emergent repairs, they better do what I normally would've done or have a convincing explanation for why it was in my best interest.

I found a property that I am really considering purchasing. It would be a 500k purchase, 100k rehab and 700k ARV. I would then turn it into a rental.1- First off, I am having a hard time wrapping my head around the fa...

If not, you will have to include an explanation as well. 

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

Any additional explanation you have to offer would be greatly appreciated 4.

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

Can someone please give an explanation of IRR that i can grok?

@Jerryll Noorden Thanks for the thorough explanation.