Don't split hairs over .5% or so at these low rates it just doesn't make much difference.

I am no accountant, but the general rule of thumb for deductible travel is:1 - You’re “traveling” when you’re away overnight or long enough to need sleep.2 - “Business days” are those you spend traveling to business destinations, days where you spend the majority of working hours on your trade or business (four hours and one minute), and days where your personal presence is required at a particular place for a specific and bona fide business purpose.3 - “Business day” costs include 50% of meals plus 100% of lodging, local transportation, incidentals, and your first load of laundry and dry cleaning back home.4 - If your spouse is a bona fide employee, traveling for a bona fide business purpose, you can deduct their costs.5 - Save receipts for all lodging and for any expense over $75.6- Transportation costs include cars, planes, trains, and boats

I don’t know if renting a hair is something I would want to get into or not?

For towels we use white "HygroSoft fast drying and absorbent 100% cotton towels" on Amazon.

. :)Switching to a serious mode, without splitting hairs, you allocate the cost of the tools evenly between your Sch E properties, using either the Supplies line or Other expenses.

They are less likely to hold stains, they dry faster and are less wrinkly. 60/40 is OK as well.

I have five years experience but the contractors I work for all have over ten years in the fields of dry wall, stucco, asphalt and paint. we aim to bid lower then many not because of the quality but because we are eagered to show  the good work we provide. 

Even at my scale the reserve has never run dry in 20 years and that's with O(100) clients.

With an LTV, it's pretty cut and dry, but there are many ways you can calculate DTI, so I think it's going to cause a stir.

What if you are mid-flip and the market drops 10% or rates increase and the buyer pool dries up?