It's pretty common to get half a month's rent, which is then split between you and your brokerage.My best advice is to focus completely on finding a company or mentor who is at the top of their game and NOT AT ALL ON THE MONEY. 

Welcome to BiggerPockets Jospeh and best of luck investing!

Last year, I purchased a home with a 7% interest rate.

We offer free consultations to get you in the best position to start your investing. 

The appraisal came back low because the highest and best use is whatever is legally zoned.

So in my mind best to get all this stuff done up front so you and owner dont get surprised later.

Best of luck 

What are the best areas to build a shipping container home, buy a multi family or buy a fixer upper home without breaking the bank but still be in a decent area?

This allows you to deduct the full cost in the year it was placed in service.Fences are not eligible for the Section 179 deduction as they are considered land improvements.Given this information, you have two main options: 1) Take advantage of bonus depreciation (if eligible) and deduct the full $4,200 in the year the fence was installed.2) Depreciate the fence over 15 years using the appropriate depreciation method (likely GDS).To ensure you're making the best choice for your specific situation, I recommend consulting with a tax professional who can review all aspects of your rental property finances and advise you on the most beneficial approach.Please feel free to reach out if I can be of any help.Best,Jackson

Never trust anyone's NOI or Cap rate figures.