@Johnny Jay - you can also add city code violations to your list.  

Hi @Joseph BaenaHere is a tip for you as you get into RE investingThis website is a great reference point for figuring out what each area is like. https://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code.

CPA are looking for something specific on what codes/categories to be used.

You guys sell this stuff, no one promotes this besides the one selling it.  

It's heavily dependent on what the tax code allows and who is interpreting the tax code.

#1 Start with the Texas Property Code regarding leases.   

There's room for flexibility within the tax code depending on your strategy.Hire a tax pro to help you navigate this. 

Depreciation is typically allocated according to the ownership percentages outlined in the partnership or syndication agreement, which are set in advance and follow certain rules under the tax code.However, some syndication structures can be designed with different classes of partners or special allocations, but these arrangements are subject to complex tax rules, such as the "substantial economic effect" rule under Section 704(b) of the Internal Revenue Code.

These are professionals with additional training and a stricter code of ethics.

That 40k class would not teach you to put nail to the drywall.In my actual job i am so very busy writing code for DATA CENTER like Amazon or Google data center, so I do NOT have time nor knowledge to put a nail in the drywall, but i have TRUSTED friend that can put the nail in the drywall.There are just so many RESOURCES here in BIGGERPOCKETS where one do not need to go to any school but can learn from them or they can redirect to the right people.As for me , my life in real estate context has DRAMATICALLY IMPROVED when I CONVERTED my business relationship into much PERSONAL RELATIONSHIP to the contractor.In flipping business, the contractor, the subcon , is like the Prophet, okay, they have to be listened and being served.