From that 3% begin deducting signs, advertising, contracts/disclosures, attorney fees, and time off work.

Are there any standards for what is considered in airport flight path?

However, if I had an unusually large window that didn't take standard curtains, then I'd provide the window treatment and choose a basic neutral color.

@Christopher Dorsey Sub2 is a standard purchase contract with a clause that reads something like: "Purchase is subject to existing financing remaining in place and in the seller's name."

We shopped Management Companies and this is a standard cost to get a new tenant, plus 10% monthly, plus this 50% of 1st months rent even if they renew another year.

Laundry leased assets in closet nets 220/yr.Individually metered electric (heaters), no HVAC (standard for that area and age unit), but building utilities run 5k/yr - probably business utilities not being paid - unsure.

And unlike a roof generally carpets and flooring and paint etc. are expenses and deductible in the current year.

I think it's important to have a business plan. i havent started my investing yet so take my opinion with a grain of salt but the more I think about it the more complicated it seems. really what im trying to do is just buy multi family properties at some kind of discount. add value by renovations or by purchasing in a down market. then fix it up to my companies standards and get them rented out one unit at a time. some of the things ive been thinking about include financing. how will i finance deals after the first 4 or so when the banks stop lending traditionally. also how much do I need in resurves to cover everything from fees to extra holding costs to a major cap expenditure. i want my business to have a plan so i will succeed no matter what. so i think its important to think about those types of concerns regardless of what type of investing you're doing and factor those in to your plan. im excited to save money for the first deal im only at 3k so far.

When I have a common expense such as buying a tool (i.e. a lawn mover) that I use for multiple properties, how do I allocate the deductible expense to the multiple properties I own?

Essentially, low barriers of entry and not very high standards.