I may just have to just keep watching the inventory and wait for something I like to show up

As you said keep track of construction management hours and/or management hours in case of audit.

After it is clean, keep it unplugged, leave the doors open, lighlty spray it with something like pinsol (nothing to puddle, more like a light mist), and let it air out for a day or two. 

I am talking with many realtors, insurance people and lenders right now to find the best deals and to compare quotes and for the numbers to be more specific and keep making sense.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

But because two investors own the majority of the units in this complex, they keep the condo fees at $150/month (about half the area average).

HI Blake,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Even though I believe this will be pass-through income, it seems like it’s a better choice for accounting and keeping income/expenses more easily separated.6.

KEEP IT SIMPLE.