I keep thinking the more regulation the more expensive it will get. 

Changing cabinetry after it's installed is generally expensive and looks piecemeal.If you put a dishwasher where the oven is, you'd have to pay a plumber to run a line back over to the sink and it will cut through that corner cabinet Basically, if you're moving stuff around, it is a big deal. 

Potential income minus expected expenses.

If I'm using Google AI, result is not that good: A capital call, also known as a draw down, is when a real estate investment fund or partnership asks investors for more money to cover expenses.

(note passive income S taxed as normal income...gets added to reportable income for that year) Do people (have you) actually set up a company to charge for management expenses?

A catastrophe is a special situation where there is widespread storm damage to multiple insureds - not your average thunderstorm or windy day.

It is when the property is available to rent.You do not necessarily need earnings from the property to have deductible expenses (again, available for rent is not always the same date as the lease start).REP status is 750 hours in real estate activities PLUS material participation in the activity(ies).Talk to a CPA or tax pro who knows this stuff.

Plus, I get to deduct legit business expenses and also depreciation on my taxes.

If appreciation averages 4% conservatively, and the median home price is roughly $450,000.

Since we are out of state, we need someone to observe the minor renovation progress.What would be the average daily rate for hiring a renovation project manager to check on the progress and ensure that contractors are doing their job properly?