This is just for Texas and these rules only apply on your primary home.

Again, this is conventional rules. 

Sellers third cousin is a retired realtor"The disclosure rules are ridiculous.

It is an 18 unit building in a very fast growing neighborhood and just by doing simple due diligence(50% rule, cap rate ratio) it should be pretty profitable.

Not sure how the rules work for a personal residence that you turned into a rental.

The standard mileage rate is subject to certain rules and you must choose to use it on the first year you have the car then on later years, you can choose between the 2 methods whichever will give you the most deduction. 

The rents tend to be bit soft [not quite meeting the 1% rule], but I like the potential appreciation due to the schools / area. 

@Saul Moreno One of the most important rules is really to know yourself and have a impeccable personal discipline.

Not necessarily but more like an institutional lender that doesn't follow Fannie Mae/Freddie Mac rules. 

So the max gross rents from the park will be $315x18 = $5,670/month (tenant owned homes).If I paid sticker $289k that's the 1.9% rule.