In retrospect, the furniture was there for storage purposes-I should have insisted they be removed from the property so I wouldn't be liable for any damage. 

In retrospect, they aren't great and not nearly detailed enough (I revised them considerably over the first two years), but it should give you an idea of what needs to be in the plan and how to think about things.As far as starting out, I was lucky.

In this case, the appraised value would have become your tax basis for depreciation and for calculating your capital gain on a future sale of the rental property.Suggest you contact a licensed appraiser, local to the area where your rental property is located, and ask for a retrospective appraisal for the date of your conversion.  

Figure out if you can accept fees based off the formation of the fund, exempt RIA form requirements and more, Amy will guide you in that retrospect.

In retrospect, his credit is a bit thin as he is 45 yrs old and the oldest trade line is Jan 2014 but there are 9 accounts (cars and cards) which are paid on time. 

DB, in retrospect, I believe they asked to better direct me.Although I know it's public info, I felt a little opportunistic walking in the door for the first time...I mean, I simply wouldn't have been interested in these files if I wasn't trying to make a buck.

Data is retrospective, so you have to be able to see what's happening on the ground to know where a market is really going.

In retrospect I could have used more poise in navigating that aspect and might have made it to the finish line if I had been more aware.

@Rich McCormack,Any licensed appraiser has access to a database with archival property value data that can be used to give you a retrospective appraisal to the month and year you converted your property to a rental. 

I know many people claiming to have stayed out of the market in 2007/8 but they do this in retrospect.