From the IRS' perspective, if you have a full time job, it means that in order for you to qualify for RE Professional status, you'll need to be averaging more than 80 working hours per week, 52 weeks per year.Most people don't have the stamina to work 80 hours per week consistently, month in and month out, and I'm guessing the IRS recognizes this, and knows that most people making this claim are not truly doing this.

If I pull a gun and call the cops and nothing happens, he's arrested and charged with burglary (probably plea-bargained down to trespassing) and I'm good to go from both a protection and legal perspective. 

If you'd like a complete overview of what a D-F grade neighborhood in Cleveland looks like from an investment perspective, you'll want to give The Ultimate Guide to Grading Cleveland Neighborhoods a read.

(That is a matter of opinion/perspective").. but "The cabinets are 17 years old".. that is DATA.

maybe paying her a fee on top of what she will receive from the seller will be worth it.I normally see a fee request from the agent is low-cost markets to help compensate them for their time/work.Philadelphia, from my perspective, does not appear to be a lost cost market where an additional fee of $500 would be considered normal.Best of luck

From the CF perspective, it will take you 133 years for the accumulated CF to equal the equity. 

The entirety of the main and upstairs were freshly painted.

Great advice and gives me a new perspective to think about!

We have freshly painted the entire interior.

[Note, this is from the business perspective...some of these items may still be deductible on personal taxes if you itemize].