Maybe there was some other damage to the unit?

Glad to see that your fall off of the cliff has not permanently damaged you!

Yes, I know normally the seller pays it all, but effectively the buyer is likely paying about half, in that for a deal without any agents, the two parties could meet in the middle, each saving about 3%.

Also that they would keep working during the hot part of the day and not pick up their feet when they walked, which would reduce a 25 year roof to an effective 5-10 year roof.I've never had so many deals that I would pay people to do things that I might be doing in my "spare" time.

Getting calls in the middle of the night to come fix something all the damages and repairs you have to deal with and all those months that your property maybe vacant.

I keep saying, "this is the last roof I'll do myself", then I get a quote, realize that the guys doing the labor aren't as careful about not damaging the new roof as I am and I get my old butt back up there!

While it's too late to do it on this tenant's lease, you need to put a statement into your lease to the effect of; "no overnight guests for more than 7 nights without written permission of the landlord".

Or does it just cover you if the tenant damages the property?

I'm going to effectively have just over 1m dollars cash money to invest in something.

BUT, the kicker is that you don't "make" the additional money in tax benefit, you just borrow it temporarily, because you will have to effectively pay it back through recaptured depreciation when you sell so the real calculation is:[b]Additional current year (CY) deductions x CY income tax rate = CY cash "savings"&CY cash "savings" x interest rate x # of years between when you claim the accelerated deduction and when you sell = real net benefit.