The good thing about where I live in NC though is that you can find pretty decent properties for under $100K, so hopefully it won’t be long until we can raise cash.

Security deposit belongs to the tenant as does the interest .

Is there a required timeline or do I need to send notification to the tenant letting them know my intentions if they choose to leave belongings behind?

Your tenant will have belongings stolen and it will break your heart because the police won't even show up. 

If you say they are, you are just proving that it is hard to find consistency in CPAs.Actually you may be right because in my opinion  if the expenses (property manager fees, inspection cost for example) belong to 2017, so the income should even though the property manager still holds the money.As I always did all my accounting, I am doing as well the Malta part, and I think I know what to do.

Not to mention if you are using an agent it won't be long before they fire you and you need to spend more time finding a new agent who may or may not be better than your current agent. 

But they do have an attachment to the leases describing how important it is, the fact that landlord insurance does not cover their personal belongings etc.

So glad you're plugged into the Bigger Pockets podcast - that was a huge source of education for me when I first started.I don't know a lot about the Omaha market, but familiar with reno projects and buy and hold rentals - happy to help with a few of your "million questions" along the way ;) It won't be long and you'll be the one answering questions in the forums!

.- Personal Articles: Coverage for belongings that have a special or collectors value such as Jewelry, Furs, Fine Arts, Collectibles, etc...Depending on which company is being quoted, some of these otherfactors may get you credits:- Insurance Score (company pulls certain info out of your credit report)   It is not your credit score but generally better credit will result in a    better score- Time at your job- Education level- time at current residenceGood Luck

Or, since the home belongs to her until her death, would rent need to be reported?