In R-1AA, R-1A, R-1, R-1N and R-2A zoning districts an Accessory Apartment, Accessory Cottage, or Garage Apartment may beallowed as a second dwelling unit on a single-family building site under the following conditions:i) Accessory Apartment.(1) Inside the Traditional City, one Accessory Apartment shall be allowed as a Permitted Use when the building site is at least 1.5 times theminimum lot size for the applicable zoning district.(2) Outside the Traditional City, one Accessory Apartment may be allowed as a Conditional Use in accordance with the regulations andprocedures provided in Chapter 65, Part 2D, when the building site is at last 1.5 times the minimum lot size for the applicable zoningdistrict.ii) Accessory Cottage.(1) Inside the Traditional City, one Accessory Cottage shall be allowed as a Permitted Use when the building site is at least 2.0 times theminimum lot size for the applicable zoning district.(2) Outside the Traditional City in the R-1AA, R-1A, R-1 and R-1N Districts, one Accessory Cottage may be allowed as a Conditional Use inaccordance with the regulations and procedures provided in Chapter 65, Part 2D provided that the building site is at least 2.0 times theminimum lot size for the applicable zoning district.(3) In the R-2A district inside and outside of the Traditional City, Accessory Cottages shall be a permitted use provided that the minimumbuilding site area for an Accessory Cottage shall be the same as that required for a duplex development.

I am trying to understand the safe harbors as it relates to expensing rather than depreciating items. 

Some of these “big” items are either issues that have been dealt with or will likely need to be dealt with.

But items like knob and tube or old plumbing might be less marketable, it won't affect the value of the house in comparison to the cost to remediate. 

In VA we have very specific requirements for notification of suspected abandonment and storing items after abandonment. 

Yes, I plan on managing these as I am more than capable of the M&R items and my wife will take care of the administrative items.

If you go the traditional route getting experience and all that.   

The truth is that this loan is very complex, and is really designed for traditional home owners to purchase a new home and slap some paint and carpet in.

In regards to the actual policy, I like to keep my deductible up around $5K since I will only use it for big items this helps keep my premium down, I also like to get as close to $1 million in liability coverage as possible.

Interest on an automobile purchase (to the extent of business use of course) is included along with parking fees, tolls, and taxes as a "separate item" distinguished from the "fixed and variable costs" described in §4.02 that are not deductible when using the standard mileage rate.The theory here is that the "standard mileage rate" is the sum of "fixed and variable costs" such as depreciation or lease payments, maintenance and repairs, tires, gas, oil, insurance, license/registration fees, etc., on a per-mile basis.However, this "standard mileage rate" does not (theoretically, of course) include the "separate items" of parking fees, tolls, interest, and taxes, and so these may be deducted in addition to taking the standard mileage rate.Also, I assume your car is relatively old or inexpensive such that the standard mileage method makes sense as opposed to the actual expense method?