Property registrations are at 417 E Fayette st 1st floor.

My tax return is not filed yet, but it looks like this:Rental income: $20,400expenses: $11,857 (mortgage insurance, property taxes, PMI, and home insurance)depreciation: $4,809Schedule E profit: $3,734I have an additional $2,500 worth of home expenses which I did not include because I want to reduce mortgage liability but at the same time get the biggest tax return possible.Question 1:  Should I include additional expenses in tax return? 

It sounds like this is a small deal and the prior usage of that commercial space was clean. 

I wrote an E book just for Aussie investors its call the Perfect Storm an Aussie investor can find it on line.. 

I have also seen these successfully turned over to E and O carrier and they will just pay them straight away as a new sewer line is probably less than 5k.. and that's usually the agents deductible and so the agents end up paying it.I have not brokered in CA in years but I have been buying IN Sacramento for 2 years and the disclosure docs are very thorough much more so than most any other jurisdiction that I have bought and sold in throughout the US...

Cases in point:http://www.zillow.com/homedetails/4200-Wall-St-Los...http://www.zillow.com/homedetails/4180-Dorsey-St-L...http://www.trulia.com/property/3155414481-750-E-52...http://www.trulia.com/homes/California/Los_Angeles...As you will see, there are quite a few to choose from and you will find some gems if you comb through diligently.For initial rough rent estimates, use www.rentometer.com to see how much you can potentially rent the extra unit for and use https://www.zillow.com/mortgage-calculator/ to see much you can expect your monthly mortgage might be every month.

Otherwise you could end up with the board restricting rental usage or imposing unreasonable terms.If you don't control the board, you also need to watch for lien priority issues.

Selling property is a personal decision that needs to e based on your goals and desires for your family.  

Just get a notary license for your state, get signed up on a notary directory like 123Notary.com, get bonded, a background check through American Association of Notaries ( I say suggest them because many of the signing companies request specific places to get a background check and A.A.N. are the most mentioned), get a fast printer that can print legal sized paper (preferably a 2 drawer printer) and scanner, and an Errors & Omissions Policy (E & O) and get ready to go to work.

It's just a fee for sending out Leases for e-signatures.