The oven was only partially cleaned -- the upper portion still has lots of grease.I stayed two nights in my friend's house and instead decided to use $200 (of hotel expense) to sublease.

I imagine that could end up being a large portion of these types of deals, once we get better at marketing for them.

But in my scenario there is no partner whom would be doing a portion of the work.

When evaluating the return on investment of buying a home vs. renting, it is important to note that in many cases, a large portion of your payment would have been spent on rent anyways.

Do not leave any portion of your business in the hands of others.

The Detroit, Ann Arbor, Lansing areas are only a small portion of MI.

Is having a portion of the house rented for 1 yr + good enough to satisfy the IRS?

Here are the numbers:Purchase Price: 249,900 financed @7% I/O for 30yr termGross Income: 61,596*Expenses: 34,300NOI: 23,036Annual Debt Serv. 17493.The expenses portion is where we are concerned.

I just saw this and was going to say insurance carriers are generally cool with modified bitumen, rubberized or built up roofs on a flat portion.

If the building is new, you could be alright with an Actual Cash Value (ACV) policy for the first couple years and the only components that will be significantly hit by that are typically finishes such as paint, carpet and wallpaper and they are generally not the most expensive portion of a major claim.