Are you having to reframe the exterior walls?

And things like repairing a clogged toilet and mowing the lawn are clearly OpEx.Of course, that leaves a whole lot of stuff in the middle: repainting an exterior, putting in hardwoods, installing new carpet, replacing a toilet, etc.In fact, you could argue that if you remodel an entire bathroom, it's CapEx, but if you replace the toilet today, the sink next month, the tub the following month, the flooring the following month, and the lighting the following month, each expenditure is OpEx.So, you can see that determining if something is OpEx or CapEx is not an exact science.As usual, the IRS has chimed in and tried to clarify things, but they haven't done a very good job of it.

Principal's in transactions are paid through proceeds of the sale (profit) as opposed to a fee.

In the interest of making my first deal at the lowest possible price, what do you think about my borrowing a business line of credit (from my current business) for the full purchase price, as opposed to financing 80/20.

If you do get the check at the time of the assignment, as opposed to the settlement, I would just hang on to the check until settlement just in case anything blows up.

As opposed to just creating the LLC in the state where the property is located that does have an income tax.

I renovated 300 hotel rooms, landscape, and exterior there.

An inspector in humid Orlando should have LOADS of experience with this exterior cladding product.

@Michael Wang I agree with @Jay Hinrichs, I prefer selling performing mortgage notes where you or your IRA purchase the entire note as opposed to a fund where someone is managing your money.  

Exterior cleaning and gutter repair could solve it.