Just to make sure I understand, what are you planning to do with the property?  

Quote from @Kevin Barry:  Not exactly sure how this would work to make sure we are taking advantage of the loss reported for our own personal taxes.Good news:Your understanding of the process is correct.

Consider how that might effect the future sale of a property.The real estate agent or broker who is helping you buy a multi-family property should understand the pros and cons and help guide you through the process of where your money is best spent regarding washers/dryers.

You can help yourself by understanding how to build a credibility package that shows experience. etc. 

I agree I need to start analyzing deals to get a better understanding.

However, similar to understanding the property market, I require assistance when it comes to discovering unfamiliar places.If you are good at investing and also at traveling, please share what you know.

I understand comps, but I'm not sure about repair estimation.

@Ana Vhan While I understand your frustration at this situation, I would encourage you to just write the $400 off and take this as a lesson learned. 

Now I suppose bad reviews is always a risk of working with people, you try to do a good job and hope people are satisfied, as for the 2nd thought yes this is something I absolutely need to do more legal research on and check with my brokerage, my thoughts were this would hopefully be covered by a standard buyers agreement, again if you take a 2.5% commission and the person hates thier house they can’t sue you, I would hope this would be the same.

When I finally got my return back, they had me owing bout $25k...but since I know and watch my numbers, I knew that it wasn't correct and I was even able to look at the return, with my elementary level understanding of their field, and find errors.