@Yuvaraj Vimawala for that size of property the local Association of Realtors typically has a contract with standard provisions and check-the-box contingencies and terms. 

Just Wondering if I would be able to count my driving for dollars as a tax deduction.

Meaning, and I might be wrong here, but for example property management or repairs are a business expense and are tax deductable correct?

I have a really good attorney who I use in PDX that wont charge you an arm and a legg and scare you into all sorts of unnecessary and complicated asset protection schemes.. basically you can vest in LLC  have an operating agreement ( that's your JV agreement) and a clear cut buy sell agreement .. pretty simple and standard stuff.. feel free to ping me off line..

One, the warranty did pay for a brand new $750 fridge, while I paid a $100 deductible.

Now for the question: in the new tax law, effective Jan 1, 2018, I understand changes have gone into effect regarding the ability to deduct the interest of HELOCs.

typically the 1 year stipulation is pretty standard across the board with banks.

I know the DP (dwelling protection) insurance policies are standard landlord insurance but my agent tells me I can also get a Businessowner policy to cover the property (mostly concerned with fire, wind, standard perils). 

The standard for modern framing is called platform framing.

Buy them for cash flow and asset accumulation, not for taxes.That said, you do not deduct depreciation.