Keeps costs low and guests satisfied!

Always use your own ARVs and rehab costs. 

There's other items such as this where it may be helpful to talk to a CPA/EA for a little tax planning, especially since you'll likely get caught up in the passive activity loss limitations if taking bonus on a single rental property as I often see.It's also useful to mention that even if you do the cost seg study (I'm assuming you're doing one to be talking about this), you'll still benefit from accelerated depreciation in the form of shorter useful lives on the assets where you received bonus from.

I wondering if I can deduct any of the repair, closing cost and deprecation on taxes. 

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You cannot deduct your rehab costs until the property is in service. 

And they’ve cost me alone well over $30k in damages and lost rent thanks to their complete negligence.

In the desert it costs me LESS than $20 for water.

What is the cost of the service?

Thus, when a foreclosure sale is held, you can set the bid amount up to the amount of the total debt, which would likely increase from 80K to include the legal fees, receivership costs(we suggest 5 - 10% of the rents collected), repair costs, additional accrued interest, minus rents collected.