It's not as much as you think and will save you tons in the end because they make it much easier for the bookkeeper to do their job and categorize items correctly so that when you send your files to your CPA there is little to do and everything was already optimized by the CFO to capture the best tax write-offs PLUS you've made the best trade-offs.  

I would also recommend that you find your local REIA and also attend as many meet ups that revolve around real estate investing and network to build your buyers list and make connections for down the road.Best of luck

You could add a clause in the lease stating the penalty for late payment.I like the idea of electronic locks.I would identify the items that need updating and plan accordingly; roof, furnace, etc.

Property was listed for $195k and has had two $10k price reductions. 

If you offer list price + seller concession on 50k to buy down your rate to approximately 5.5%.

I will be posting some properties in the classified later this week if all goes well with my listing appointment (fingers crossed!)

Is that why u (truly are) a Rock Star Extraordinaire w/14,283 votes and 9,003 posts but have 0 investments listed?

Ask your accountant to read Regs 1.469 and CCA Memo 202151005.You can have Nonpassive Schedule Es under certain circumstances but it appears he is listing it as passive, therefore creating suspended losses.Here is a previous thread: https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals

I have a duplex listed right now that might fit what you're looking for!  

I listed my location as Lake Ozark, Missouri because my city doesn't show as a selection but I'm actually based out of Jefferson City, Missouri and scour all of Central Missouri for deals.