Now I've been working the financing angle for the past month or so in prep for the 1 year anniversary at the end of November.

Some advisors will tell you that tasks like mowing the lawn or sweeping a floor is permissible, but I would stay away from any maintenance.Collecting rent, screening tenants, hiring contractors, etc. are widely considered permissible as ministerial duties.

@Gilroy Buller , I am not licensed in your state so my thoughts may not be valid, as state laws can differ widely.

There are so many angles to look at, and I know there's a 100% chance I'm overlooking a few that might bite me.

I'm not the tax guy here so I'll summon @Steven Hamilton II From a general tax angle and accounting side, the profits will be realized as it is received, you'll have interest income and the percentage of principal received allocated to profit will be considered the gain.

Not a chance in the whole wide world.

Make the neighbors your friends, and you’ll have taken the single best step you can toward protecting a vacant property.It’s never a good thing to drop by a vacant rental property and discover a wide open door.

While it will take a year or so, they will adjust the payments so the escrow account does not have too great of a surplus.My only concern is wide variance in the price of comps.

Or, in many cases, counting on.Now the actual results of one property in one year can vary widely.

is correct in noting that material costs do not vary too widely in most places--so a roof, sheet rock, siding and other materials will hurt these percentages more on a lower priced home than on a higher priced one.