Tenants are responsible for property taxes, insurance on the building, and common area and maintenance costs under triple net lease.

The lack of communication between the different departments has cost me thousands of dollars.Good luck with wherever you end up and whichever company you choose!

Ask around your gen contractors, what is the cost of cosmetic repair per sq foot in the area of your interest.

My first question is that can I do a cost seg next year, when she qualifies for REPS (as she doesn’t qualify now), and use that depreciation for my W2 income in the second year of us renting the property?

If you'd like to set up a call to discuss your options just let me know!

If it is a viable option, any idea of the rough costs involved?

You may very well have a lawsuit on your hands, which will be very costly and be difficult to enforce too.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcasts: https://www.biggerpockets.com/...Wishing you the best!

i've been dollar cost averaging into VNQ for a while. 

You would of course not deplete all of your cash reserves on the down payment in order to service the monthly debt payment and carrying costs, but this should give you an idea of what you can accomplish now if the time is right.Many hard money products offer 100% funding for rehab costs so you would not need to save for this portion of the BRRRR project.