There were other items on the agenda that were disregarded, which I found maddening.You should also check out www.taxsaleacademy.com if you're looking for training to get started. 

Are there any large capex items you are expecting? 

Make sure the deposits are transferred and not deducted from purchase price, otherwise you will need to come out of pocket when tenants move out.You should also make tenants and landlord sign an estoppel agreement, which outlines important items and agreed to, so the tenant cannot claim to have a huge deposit later or claim that the prior owner gave him ownership of the shed in the backyard.

If builder pushes you saying "come on, don't hold up the closing for these minor items, let's close the house and take care of the them with warranties."

It involves using Section 179 or bonus depreciation, and I would not DIY this project, as distinction between repairs and capital improvements is one of the most confusing areas of the tax law.And no, you do not need a cost segregation study to deduct these components of your rehab - if you have itemized invoices and receipts.Myth 8: for a valid 1031 exchange, I must exchange STR for another STRNo, you don't.

Serious injury or death has occurred from each of these items, and they could have been prevented by keeping watch and staying on top of things.

I will need to pay out of pocket for visible items like paint, the shower, toilet, vanity, kitchen cabinets, wardrobe, and so on.

Think of these as savings for big-ticket items like new flooring, new appliances, or a roof or siding replacement.Because maintenance and capex can be “lumpy,” you may think that you’re generating more cash flow than you really are.

Is there any feedback/ suggestions or items to improve the home for the next guest stay?

It seems like there are a lot of nickle dime items that I'd go back to negotiate.