We have 2 loan scenarios: FHA with 3% interest rate and 3.5%($17,000) down BUT we have to claim $150k of income on our tax returns for 2 years and pay IRS 90K (2 years worth) total in taxes because we are self employed. 2nd scenario: private lender offering 4.5% interest rate with 5% ($27,000) down 8 year interest only loan converting to fixed thereafterwhats the wise choice?

I obviously don't expect to get much money back would be happy just to get my apartment units back but thinking of taking tenants to small claim court in parallel to UD to put extra pressure on them.

also, does she need to state specifically in that deed that she is 'quit claiming all rights' in the property to the grantee or should the words be 'quit claiming 100% of the rights'?

The third thing is to do due diligence by making sure that no one else can lay claim to the property ie; a WILL with beneficiaries.

Since I just bought the property I have not claimed any depreciation. 

Covid may have made this issue more commonplace. My stepfather signed a (notarized) will and quitclaim deed to me in the hospital just weeks before he passed away. He didn't have a will before that time. It's taken a ...

The UW refused to accept some of the rental income we have claimed (despite the fact we provided proof of rent payments and DocuSign signed leases from all tenants showing consistent tenancy and payments for the past 1 year 8 months.)

Ok, assuming you and partner own the  property free and clear, you each can convey personal interest to an entity, typically using a quit claim deed

Incur the expense of refurb and have a forever cost of maintaining the pool is a big deterrent as it adds absolutely zero dollars to what I can charge for rent and there is always that legal liability of an accidental drowning or some accident where the liability insurance may not cover or claim exclusion. 

Have your insurance agent pull a history of claims before you buy.