I expect I'll accrue a bunch of tax losses which I can start taking (using the $25k rule) once I start renting the property for a full calendar year.Now for my actual tax questions:Will I regret doing the repairs before actually getting a renter, i.e. should I post it on Craigslist before I start paying for these repairs so it doesn't get classed as start-up expenses? 

I think a lot of wholesalers lose quality leads by only offering cash at 70% minus repairs!

The SFR I intend to buy in Austin is new construction so my CapEx and repair costs should be minimal in the next 10-15 years.

I think the repair time is a minimal factor, or at max 30% of the weight of any deal.Brian Pulaski Yes, every state is different also the financial avenues used on the sell and buy, i know someone who buys a house with all cash (no lenders) and no contingency.

Property #1 - If you have income that has not yet been paid out in repairs, my guess is they will call it income and taxes would then be owed.

Im looking to purchase a group of duplexes that include 10 units on 2 acres and need someone to complete inspections and evaluation of conditions and potential repairs, does anyone have someone to refer in SE Michigan that could do this within the next 2 weeks? 

My cash is tied up for next few months, and house needs a lot of repairs as well.

Also, do you have enough money stored aside right now, or at least have access to loan funds post-closing for any updates or repairs?

Most people will tell you to plan for 10% in repairs, 10% capital expenditures, and 10% vacancy.

I discovered the pet while doing repairs last Friday.