.); guidance through inspections (as many sellers get emotional and lose sale during this process), coordinate required repairs, resale packages, comps for appraiser to help avoid appraisal issues,  pest and moisture reports, walk-through, etc.   

Good news is if you are going to live there for a bit the rents may go up between now and when ever you plan to rent it out. 

If you want to end up on the news, you can foreclose for being late all the time.

It's about finding bugs, backdoors, exploits and unplanned results for good.See crackers are black hats as they crack ie break in and cause bad things, hacking might break in but they don't do anything bad and report to the owners how they got in and how to stop them next time.

I use to report on Schedule C, but now will be using form 1120 to report the earnings/expenses of the business and my salary will end up on my 1040.   

The listing agent forwards me an inspection report that states the beam in subflooring shows signs of harmful water penetration and of termite damage.

The good news is that they are pooling from a relative who has done several transactions and has a liquid source of income from them to draw from.

I just bought my 1st rental property last year and need some help with what costs to file for tax return.Turbo Tax asking to escrow fees for following categories:Abstract and recording feesLegal fees, title search, document preparationland surveytitle insurance transfer or stamp taxesexpenses you paid for the sellerThese are the expenses on the closing summary:Record deedrecord mortgage mortgage taxbank attorney feeHOA questionnaireflood certification feetitle examtitle insurance (mortgage)title insurance (owner)delivery chargelegal feesapplication feeappraisal feecredit report feewhich categories will the fees on the closing summary fall into?

A good article on SFH... mentioningLink: https://www.attomdata.com/news/market-trends/single-family-rental/best-counties-buying-single-family-rentals-2018/Takeaways: 78% of owners are mom & pops that only one 1-2 rentals, SFH growth markets.

The good news is that I'm grateful to have done reasonably ok and beginning my diversification into RE with some capital to work with.