Set your screening standards and stick to them.

@Gordon D.All operating expenses related to the operation of the rental can be deducted.

Standard double hung windows are DIY and easy.  

Have it be standard in your leases, that it will go up $50 each year to keep up for inflation/taxes/etc.   

The state has also passed a bunch of rules and costs have gone up because the limited license to practice law has been more clearly defined and you have to have an attorney draft every document for your business that is not a standard form.

I do have a $100 repair deductible in my single family homes.

or does the seller get to deduct the interest or how is it accounted for? 

I am renting out my condo and would like to get a standard lease template.Where can I get one?

The properties also appreciate normally over time, so this property 10 years from now will show 10 years of depreciation on it lowering the value even more when in reality the value will most likely have appreciated greatly.I understand that the book value of the property is already entered and is standard, but it is failing miserably to give a true and accurate snapshot of the company's health.  

There is one specifically for Rentals and it will make you answer some standard questions regarding the property.