When filling out my Schedule E this past year there is only a small paragraph defining Line 14 (Repairs) and only references Publication 527 for further information on Depreciation.

Many aspects of mortgage rejections in the qualification process can be cured over time leading to a future loan approval. :)

Consider a banner too, placed on the home, less of an issue with kid's pranks.Another aspect, which has surfaced, if you end up in some situation with the police or in front of some judge, if they are familiar with your business being in that community you'll be treated more fairly than if they've never heard of you, same with building inspectors, zoning boards and other public officials.

My Background is mainly in technology and I am thinking of pursuing real estate in one aspect or another full time.

(Mentions still not working for me)The client changed the theme again, so now I'm busy with that aspect (AGAIN), though I will certainly keep this thread updated once the project starts (and I can disclose the exact location).

I'm a biochemist with a large pharma company working on cancer research, and although I am proud of my work, I am going in to real estate for the long term financial aspects.

I've been studying the legal aspects of tax lien investment for a while now and am moving on to trying to model an investment.

@Rolanda Eldridge that's definately why I'm here on BP, to grow my network!

Can you define "funky little exceptions"?

@George Paiva you make a great point about the non-conforming use aspect.