Since I've only had this property a short period of time, should I claim depreciation to improve the cash flow after tax or refrain from doing it? 

If you move out and turn it into a rental, you can always refinance and/or extend the mortgage term to reduce your monthly payment which is what I've done to improve cash flow.

Nice job on the rehab and an improving are.

Tennats should never be involved with repairs or improvements.

This could have improved your chances of getting the seller out on time by 95%.

It provides Liability and you can insure Improvements & Betterments (parts of the building you own), Contents, Loss of Rents, etc.From your Bylaws you can determine what the Associations is responsible for and what you are. 

BP owns this site and the forums and reserves the right for staff & moderators to take down posts or threads that are deemed disruptive or outside of acceptable behavior & conversation in the forums.

Hopefully they will be easier to work with and willing to improve the property. 

Norris; Pool)— i.owner's intent (nature and purpose for which the property is acquired); ii.The extent of improvements and advertising to increase sales; iii.number, frequency, and substantiality of sales [this generally is the most important factor (SuburbanRealty Company)]; See (c) below iv.duration of ownership; v.continuity of activity related to sales over a period of time; vi.extent and nature of the efforts to sell the property; vii.The extent of subdividing and development to increase sales; viii.use of a business office for the sale of the property; and ix.character and degree of supervision or control over representatives selling the propertyNote: Per court case SUBURBAN REALTY CO. v.

The rise of the internet permits the use of new types of nonfinancial customer data, such as browsing histories and online shopping behavior of individuals, or customer ratings for online vendors.”Currently, those hoping to take out a loan can expect to have their repayment and credit history length, as well as total debt checked, but going forward, the IMF study suggests, this will be expanded to include what’s known as people’s digital footprint – either collected from data already publicly available, or that obtained by credit bureaus.The stated goal is to improve “loan default predictions” – and the upcoming trend is sold as a way to give access to money to people who have previously been unable to use loans because their status is “unscorable.”