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It sounds like you have set a pattern of simply doing what she wants.

. $1,000 sounds reasonable to get started with this.

Sounds like an interesting prospect.

@Rich Todd - It sounds like you have a great property! 

do those things sound like deal breakers?

Hi @Alun David      It sounds like she signed a contract with a wholesaler.

I did also just spent 12k last year on a new boiler and new chimney liner so that's why it's dawning on me that the rent needs to go up.It sounds like you are thinking about it correctly.Landlords that charge market rate attract higher-quality renters.

You can still take depreciation, the deduction is deferred until you can use it in a later tax year.The most effective way to fix this is to get your spouse to qualify as a real estate investor per the IRS.

Effective communication, detailed contracts with specific timelines and payment terms, and regular progress updates are also vital.Additionally, we now have a contingency plan in place, which includes having backup contractors in mind in case we need to make a change quickly.