Normal wear and tear would be cleaning and painting without need for primering or multiple coats. 

The investors that I work with often have multiple "exit strategies" depending on each deal so that they do not end up stuck with a property.Dave 

I wouldn't if I were looking to purchase multiple properties in a short amount of time, and maximize my return on investment

I was told multiple times it is not legal but had one agent tell me she called the grand pooba of ga reall estate and was told that rule is misunderstood and it is legal.

It has recovered nicely but that is something that may happen again.Note that the S&P500 in the past two years has been about 15% IRR so this is great for diversification and it may keep pace with the market in the long run but true full diversification is also important.Bottom line, as far as I am concerned, I would give a green light to Fundrise with the caveat of a reocmmendation to diversifying between multiple offerings (I like wide diversification for safety).

Glad you have a mentor and that you plan to buy a deal where you have multiple exit strategies.

Multiple that by what ever percentage you think will cover vacancy, CapEx, repairs.

To name few features, you can connect your bank & credit card account(s) to QBO to automatically download the transactions daily, set up rules for any recurring charges, setup recurring transactions (ie invoices to tenants), sent out reminder (individual or batch), accept online payments (cc & bank) which can be tenant or landlord initiated, track multiple income sources (ie. flip, rental, wholesale), track individual properties, charge tenants for reimbursable expenses, track 1099 contractors (and e-file tax forms), and create a budget.

I am not a CPA, but I read about this intensively to better understand what the rules are and got confirmation by multiple CPA's, including some on BP podcasts

I am currently looking at purchasing a property that is located on a 4 acre lot. The house is located in the front of the lot with nearly 3 acres behind it. After walking the property I thought I may be able to purcha...