I recently busted one that i interviewed a few months back paying 10k to get on a fake magazine. 

For instance, if your rent is $1000/Mo and the annual inflation rate is 5%, the buying power of $1000 will decrease to $950 next year.

There may be instances of gain to recognize if it’s deemed a disguised sale, but for simplicity sake, the assumption is this is just a straight transfer)

I know there are specific instances where some leeway is ok, but in hindsight this was not one of them.2.)

Defining the class of the neighborhoods is the tough one to start that grade C out for...I have some clients unused to the mid-west who are used to high-end suburbs who consider our better areas a B- area.Personally, I classify the C- anything I verify I have easy access to my spare magazine before I enter a vacant property.

For instance, is it common to state to pay a flat fee of only up to $x amount in the event the seller does not cover the cost?

For instance, if you buy a cheap hot tub it will probably pay for itself if you get one or two bookings that you wouldn't have gotten otherwise and it will lead guests to choose your place even if they are not really going to use it

Check out Zen Business for forming an LLC it's pretty affordable and has a "pay as you go structure" They have a registered agent you can get as an upsell for instance.

For instance is buying furnitures to furnace the house consider part of normal management activities? 

@Cliff DurrettIn some instances the first will take a discount to give the second some money, but in this instance they are so underwater I don’t think the second will approve this as they are basically getting wiped, and they have much higher BPO’sAlso be aware the lender may satisfy the loan but not release the debt, meaning they will allow for short sale but then get a judgment to have the balance of Debt validated and still owed