Quote from @Nick Troutman: @Dennis McNeely I'm in TN.

I unfortunately self financed so my funds are tied up in this one house. 

You are required to file a complete and accurate return, which means reporting the income that you earned along with atleast the direct expenses that you incurred on your rental.There are two comflicting forces - Your tax accountant wants to be aggressive with deductions because it will entitle you to paying less taxes(now or in the future).Your lender wants to see as much income as that will increase your Debt to Income Ratio(DTI).The good thing is that you can speak with your lender about 'one time expenses', that were only incurred in that year and are not reoccuring. 

go to lots and lots of meetups.2. talk to those HMLs and find out what their terms are.3. save up enough so that you have a down payment, reserves, and also enough in cash for the hold period. 

Investment Info:Single-family residence wholesale investment in Rome.

Quote from @Alexis Herrera: Hello, I have a home in Miami that someone is willing to sell. 

I just paid my attorney 15k today in just fees for 4 entitlement contract red lines and we arnt even under contract yet!  

THANKS in advance for recommendations!

What's the breakdown in tenancy between the shops and any income from the barn (or the house)? 

If you're not in financial position to live these rules, that's ok, it is important to start thinking these rules, living them in thought.