Also if you decide to convert the property to a long-term rental the improvements may be added to your capital basis & depreciated over time.Track Expenses by Account - Helpful for reconciling bank accounts, credit card accounts & expense reimbursements#2 Liabilities / Outstanding Loan BalancesIf you are using outside funding, you will also want to keep track of your outstanding loan balances that you owe for each property.You can do all of this in an Excel spreadsheet by just creating columns for Category, Vendor, & Accounts.

I bet less than 10%.

In Column P, you will see that every Payment you make, your Mortgage Balance is going down, which adds to your Equity (or net worth), which is a GOOD THING!

They likely do not know about the meth contamination, it's a pretty safe bet they don't want to deal with it, and may be willing to work with you on your purchase.

I bet David has some friends and family in the area that he could also bridge comfort gap if something came up locally.  

You believe you're ready to bet your GF's money, credit and ability to borrow on your knowledge learned in forums, blogs, youtube and other guru ploys?

(I have no idea what that would pull up, but I bet it is something cool.)

If you are thinking there is some big swing about to happen, this would be your best bet.

Well, .com is always your best bet because it's the most widely recognized.  

You bet!