Grass seed + compost material to promote growth (2 inches). $450 + $400 = $850This is our first major project so I would be ever so grateful for any feedback from this awesome community. :)-Kristine

For discussion purposes we'll use my purchase price at $200k, Adjusted book value of $100k, and current owners original purchase price of $200k.From what i've read, the seller holding back $20k of the equity in the property in the sale so that they can finance a portion of my down payment would not effect depreciation recapture, (25% of 100k) and that portion would also not qualify for the installment sale provision (allowing the recapture to be spread over the length of the loan). 

@Breelon Bryant for public disclosure purposes...

This may be a silly question but for tax reporting purposes does your earnings need to match exactly to what Airbnb is  reporting?

When you buy a property, lenders will use the purchase price plus the cost of the improvements you make as the value for financing purposes for 6-12 months.

Once you formulate how you will partner, a two-family serves his purposes and yours and he is there if issues come up, but you can be the known owner so they don't knock on his door.

There is no better at talking and promoting his book(RE Business) than Mr Yun.Number 2 in talking up their book is Kathy Fettke. interest rates dont matter when we are cash buyers.. no debt is the way to go on rentals  

While this would not be the primary purpose of the company, but would be an added benefit.Does this sound reasonable? 

But without a strong reason or purpose, anything in life is hard. ” – Robert KiyosakiWhen I look at real estate investing it’s not hard to find a property rehab It and rent it out (BRRRR).  

For the purpose of this question, lets say everything else about his applicant was perfect.