friend of mine is doing this in portlandia.. look at the big developments I think in the netherlands or other parts of Europe they are away ahead of usAlthough my buddy is more of a philanthropist with this particular endeavor he even donated a fully functional one to the collage... although he hopes to some day turn that around and make them viable financing for himself as well.. but i bet he has spent 250k or more on this so far.. all for science / construction lab at the collage

By purchasing the borrowers non-attached items we are able to give the borrower a small amount of money AFTER the closing while acting with integrity and within in the law.  

She's resorted to intentionally running up utilities and running the washing machine and dryer for one item.

This will help any personal items away from any leagal suits your company is involved in.I think, eventhough I have never been there, that Central Floride will be a good place to be.

Also, you really should have some cash in reserves to address any bigger ticket maintenance items that may occur after you have a renter in place. 

Do not include them in the calculation for NOI or any other item. 

Occasionally we will get some crazy items returned on an inspection that we will balk at, but for the most part I would say that inspections catch rather mundane items and are usually easy to correct.They should always be encouraging you to get one, they should help to get a full inspection done even with a resident in place and they should be willing to fix most items within reason as rarely are there any crazy items that come up.  

Tread carefully my friend...you may be missing some major items.

The way to finance closing costs is offer aggressively and with FHA you can ask the Seller to pay up to 6% of the sale price for your closing costs & prepaid items like an entire first years worth of home insurance, attorney fee etc.

They are depreciated just like any other item on a tax return.