Shouldn't your broker be involved in this security deposit issue? 

For the kitchen and bathrooms, would I need to do EVP for potential water issues? 

But overall, I don’t feel unsafe in my home and our long time resident neighbors still haven’t had any issues.

I’m aware of what material participation is, i just wanted to see if anyone has personally done this and if there were any issues or pitfalls with doing it.buy a million dollar cabin, cost segregation, 200- 250k tax deduction against w-2 income and rinse and repeat?

A major issue for housing is Entitlement costs and time lines.. especially in some markets were these things can take years to get through the system.. and in some areas decades.

If you are looking to have a solid investment property that is paid with OPM and makes a little bit of cashflow that you can sell later in life for a major windfall - probably not that crazy.

When I get back in town, I go and look at the property and it has major foundation issues and needed a whole new central heating and air and ductwork.  

I think each market is unique but I list on the majors (Zillow, RentRedi) but have received the most attention on Facebook Marketplace.

Also the course decribing the lot doesn't close by 35'...three parcels adjacent to ours that we share a boundary with have completed record surveys over the last 40 years and have identified and attempted to reconcile the issues using good survey theories (the art behind the math, who gets what and by how much and why).

Yeah that’s the issue.