Not a tax expert but I believe countertops would fall under the 7 year depreciation schedule and so have a zero basis at 17 years.

Your additional wording is fine to add too.  The

This saves us so much time and aggravation.5) Find an HVAC company and a plumbing that are use to working with landlords and who will schedule directly with your tenants.6) Get the bookkeeping done for your hud statements in whatever accounting/management system you select and keep up with the bookkeeping from the start.I actually love text for dealing with tenants... you get instant communication and a written record of all agreements.

If I were you, I would start by making a scratch list of all the things you want to track and then comparing to the IRS Schedule C or Schedule E and seeing what things you missed.

Hire a couple high school kids to go around 2-3 times a week (some kind of schedule) with a portable sewer dump tank to empty the sewers and water tanks to refill potable water.In North Dakota in the early 2010s people were setting up rv subdivisions in every large parking lot (think Walmart and Home Depot) to provide housing for the oil field workers.  

For the rehab part, are you saying that I would need to front rehab costs and then based on the HML inspection I would be reimbursed through the draw schedule?

I scheduled a demo with Caretaker and it seems intriguing.

I believe he has some online materials if his schedule is not conducive to yours. 

Am I able to write off the HELOC (2nd investment DP) interest on my primary residence on our taxes (schedule E) for the 2nd investment property?

I schedule 6-week inspections it's in the lease.