Pay a local RE attorney $250 for a consult, get their lease and use that one.

Just make sure to document how you arrived at the land value in case of IRS inquiries.If you’re unsure or want to avoid any red flags, consider consulting a tax professional to ensure you’re compliant and optimizing your depreciation. 

The checking account will draw against and pull from your line of credit to deliver your funds assuming your line has availability still (debit to line and a credit to your checking account).I’ve experienced , utilized, and have monitored how these tools work for over 10 years+ in practice and operation. 

A consultation with a real estate-focused accountant can help determine if their ongoing services are worth the investment.

Hello All not new to bigger pockets or  the real estate business took a little break to build a solid foundation and to pursue my real estate license for Florida as well and to learn the in's and outs of the business....

Plumber went in one day and reported back there was a guy there with ankle monitor playing video games all day.  

Hi Austin,I would recommend you consult a Broker that specializes in buying and selling profitable businesses.From my understanding balance sheet is key in the due diligence process.

Since refinancing and investment income (like rental income) usually aren’t seen as earned income, it likely won’t affect your mom’s survivors' benefits.However, if your mom’s survivors' benefits are based on disability (SSDI), then additional financial or property assets could trigger a review, so you might want to consult a CPA or financial advisor to be sure there are no unintended consequences.This isn't legal advice.

If you’re not comfortable with your analysis and still want to pursue the purchase, I would recommend engaging the services of a real estate consultant holding the CRE designation and paying them for a short form report.   

Local Economic Indicators: Monitor local employment rates, population growth, and housing inventory to time your deals correctly.