@Kingsley Michel Do you want less cash flow, better investment or higher cash flow, likelihood of some issues?

Please give me money details above the oil issue .

So the issue im having is This trespasser comes and goes as he pleases to destroy the property but  never stays the night At the property because its CONDEMNED he has cut plumbing lines Gas Lines , cut hardwood flooring broke walls windows removed furnace water heaters etc.

By investing in quality renovations, I hope to enhance the value and appeal of my home, as well as potentially lower my insurance costs.Strategic Renovations to ConsiderAddressing Four-Point Issues: I've addressed the issues that needed to be rectified before obtaining conventional financing.

Recently they have started creating issues.

The issue I have here is that once those funds are gone in a few years, we will then have to cover the entire cost myself (~3k) for an indefinite period of time.The other option is convert it to a rental. 

Do not rely on it for legal advice.

Best to talk the tax issue over with a CPA but the loss will be reflected in the K-1's and can offset gains in other deals, provided they both flow through to the same entity (or you personally).

The owner portal is limited; I can download my 1099 but not view detailed expenses.A significant issue arose recently when I explicitly documented a request for them to consult me before any tenant lease renewals.

Good to know about the legal aspect of payment timing.