I have downloaded all of the other forms mentioned in the book Managing Rental Properties but can't locate the flow chart poster for the tenant screening process.

Quote from @Daniel Kulik: Hey everyone, I'm developing an automated property management software specifically designed for small to medium-sized landlords.

Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."

I understand federally I can deduct payments on mortgage interest, property management fees to my onsite property manager, maintenance, etc.

Loan amount is 283,500 for the two properties, origination fees are around $4,300. 

If you don't want to deal with any tenant communication, you can use property management companies.

I'm underwriting an 80+ unit property and it seems like the purchase price is too high compared to the market.

I am helping a friend with a property his mother has some investment in.

The banks requiring a bigdown payment because of the perceived risk of a property that is not stabilized.

Here is my short list:Overestimating the After-Repair Value (ARV):Investors sometimes overestimate the future value of a property after renovation.