@Colby Zeller- good  question ...I would recommend  getting pre approved  now ( if you are in a position to  do so )   just to make sure you are approvable and also so you can educate yourself in the process  ...the process is  free .......if there are any issues  or  items that need to be fixed - you will have time to  repair them ......I would then  contact the lender you use  2-3 months  before you  plan to begin looking at properties 

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

Larger expenses like roof seems like can be a direct pay by owner item.

For those additional items outside of closing costs, don't go crazy.

I'm about to close on a property tomorrow and the latest CD doesn't have the lender credits ($3,052) that were initially a line item in the LE.

You have more of an argument for the other items since it could be argued they are code required / require specialized knowledge to analyze.Get quotes for the things you want to be corrected immediately and get a credit to closing.

So cash...here's what was shared with me:  "Your supporting documents should identify the payee, the amount paid, proof of payment, the date incurred, and include a description of the item to show that the amount was for purchases."

If there are any deductions to your deposit, I will give you an itemized list of charges and the refund of any remaining deposit.

Each co-host charges a different rate.With an Airbnb or other vacation rental, you'll need to fully furnish it, from the bedrooms to the living rooms to the kitchen (fully-stocked, including not only utensils and plates but staple food items like cereal and cookware too). 

But generally items like appliances, carpet, paint, cabinets etc would examples of items that the landlord is able to depreciate over time on their taxes and therefore is expected to replace when needed.I hope this helps!