Something like: when the foundation is finished, the framing, electric and plumbing are in, roofing and siding, etc   They will usually hold back 20% or so until the house actually has cleared all permits including the final permit of occupancy.  

New permitted breaker panel.

The issue is that I don't know if I am allowed to make a new lease at a much higher rent price with the tenant since he is under RSO, EVEN if the tenant is the one wanting it.

I realize that our partnership would need to file our 1065 for 2023, but would then the partnership issue subsequent K-1s to me and my wife, to which we would include when we file our personal taxes?  

We for example, are OK with "Cabin Style" under this brand-new definition - since this issues comes up frequently:Properties with “Cabin Design (Style)” per appraisalreport are eligible if Foundation Walls = Concrete Block Roof Surface = Metal or Shingles Heating = FWA Interior Walls = Drywall or Plaster

You solve the issue and in return you get your terms. 

Plus, that could cause issues down the road between tenant or between you and the tenants.

She also issued a multi-page memo when form 3115 (repairs vs capital expenditures) came into effect explaining the ramifications to real estate investors, and whether and how they should file the form (All this was included because you were her client, and she files the form for you.) 

I can’t be the 1st person on the planet to have this issue… I offered to provide the tax returns since the property purchases in 2017 in an attempt to recreate.

My issue with that request is that if I convert the house to a long term, I'd lose at least $600/month of income vs the mid term model I currently have.All that said, my DTI sits at 58% with the models they use.