abstract art is a value add bonus .

I think I can easily create an extra bedroom out of the "bonus room".

From my research, I think it would be anywhere from 70k-120k)-Bonus upside that it's located between commercial districts and could have a potential land buyout in the future.Home run?

Main ones are: 1) There is a possibility of getting new 20% deduction for your rental portfolio or RE business activity. 2) Section 179 (100% deduction) can be now claimed for property used in Rental Trade or business ( this is not huge right now as there is also a100% bonus depreciation available for few more years).

It literally took me 7 years of saving all my tax returns and bonuses to earn enough for the down payment on my first rental...7 years is a long time!!  

Always get your rents covered and just negotiate lower rates with the added bonus of equity.

All of the regular home appliances that naturally wear down over use.2) ONLY APPLIES IF THEY ARE RENTING IT OUT AND NOT STAYING IN THE HOME- They can just sign up to get a phone line that they provide to their tenants so that they don't receive calls anymore and our troubleshooting network can, troubleshoot, diagnose, and if necessary dispatch.If you still don't see value I'd love more insight this only helps me understand our environment better.

As a bonus, it's paid off much faster!

I figure if it doesn't work out, then I can sign up with a PM.

Someone to answer the phone, someone to do the evictions, collections, figure out who damaged the door, collect rent (they do it in person the first 5 days of the month), sign up new people and close out those leaving.