Keep it simple and focus on cashflow. 

Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?

There are budget-friendly self-management sites that make setting up applications and collecting rent simple and again, you can pocket that 12%.

Not brainiac stuff here, but in the end, it's the simple-but-tedious work that gets the best results. 

I don't believe you need to pay a broker for such a simple loan request.

This is a good question and to keep the answer short and simple; it is typically for the tax benefits.

It's just volume of work.And, keep everything as simple as possible.For cash flow management, I recommend Profit First.

The cash flow is good given I am on a very low interest rate besides I am a DIY live in landlord currently .PITI is a little less than 4k while I make a rent of 5k while living for free and there is lot more room to increase rent.

My goals are simple.

You are disputing a condo agreement we do not have and we know nothing of your paint and vent beyond what you say.Regarding amending the lease, it can be a simple document you and your tenant sign stating that you are amending the term of the lease to be 2 years, and the tenant has an option to terminate the lease at 1 year.Regarding the bathroom, if it has a tub or shower and no other ventilation, I would go with the vent fan as the root cause.