Though one item peaking our interest in real estate is the fact that we bought in 2013 for 199k (bank owned) and are looking at selling north of $340k.

Worst case is you get nothing.I'm not a lawyer and this is not legal advice, but here are some reactions to what you stated in your post:If you can prove you actually paid the yard guy, and the landlord can't prove he did, you have a good argument on that line item. 

Your total cashflow = total revenue (rent) - all expenses (mortgage, insurance, property management, etc.)Cashflow = 850 - 540 (mortgage) - 84*4 (336) = 850 - 876 = (26)  so there is still a monthly loss.   

Now my HO6 premium went up and thanks to centralized/online recording, my primary house insurance went up by $200/year b/c they detected this loss incident under my SSN/Home Insurance policy.2)Now here is the situation that impacted the showing of the house and getting prospective tenants/students for next year's rent in a timely fashion.

There are a few items that will come into play. 

She does all the bookings, conversations, acts as a concierge, will repair and purchase items (billed to me) marketing for the property, manages cleaning crews, etc.

Hello,I own a duplex and I just recently had a tenant move out and now it's time to consolidate the security deposit and I had a few questions and suggestions on what items can and cannot be deducted in Minnesota. 

So does the pay roll.If you do the math, and you bother to allocate proper $ amounts to all of the line-items, you should realize that $500 is just not enough to cover all of the bases.

The tax law changed the deductibility of personal interest as reported on Schedule A, Itemized Deductions, hope this helps. 

I feel like Property Management is probably the one thing that is difficult to incorporate in NJ since if you account for all the items I just listed rarely any property would make sense to purchase off the MLS at least.