I applied for a mortgage shortly after graduating with my master's degree and banks did give me a bit of a problem, but I kept going from bank to bank until I found one that would work with me.

I can apply their security deposit to one of the months, but I’m still owed one months rent and some damages (listed above $150).3.

So we post on all real estate websites and then most of time forward to are site to apply and what not.

However, this generally only applies when you make a grouping election and claim the real estate professional status on your tax returns. 

In either case, they can't be applied to all cases.My takeaways:1 - Your takeaways should have been understood long before you "jumped in".2 - You probably missed many more important takeaways than the obvious ones you mentioned.This post wasn't meant to criticize you, as much as it was to warn you NOT to continue "just jumping in". 

I am currently finishing renovations on my primary residence so I can apply for a HELOC to facilitate my first deal.

*I do know the sellers son so remember that as I don't want to mar any friendships with them *I need help applying these numbers to a calculator as I believe that is the next step if there is anyway I can get someone to help with    that. 

The IRA is still at the core, and all IRS rules still apply. 

HPML does not apply to non owner occ loans.

What I see is them bolt through the asphalt shingles and typically do not even apply anything (caulk) to water seal.