Held jointly in an escrow account, the amount ranges from 1,000 to 3% of the purchase price of the property.

You don't have to approve all maintenance requests, especially requests that improve the property beyond condition when rented. 

This shows the value of having title insurance, but as I also have posted in the past, unless you get a policy for the value of your purchase price plus the value of the improvements you plan on making, you'll be self insured for the latter if the fraud comes to light after you've started the rehab.Fraudsters target property owners in historic Black neighborhoods in South Florida (local10.com)

Buy a 2-4 unit or a 3-5 bedroom house for only 3 to 5% down and live there while improving it and renting out the other units / rooms.

DealProperty - 3 bed/2 bathPurchase Price $105,000 House Value - $115,000Renting at - $950Mortgage (tax, insurance) - $555Maintains/Capital improvements - $100Vacancy - $125Property Management - $95 

Property in great condition with significant improvements. 0 cap-ex needed which dramatically improves the returns.

To me, buying, improving and holding onto rental properties sounds fantastic.

I lean toward areas close to colleges and the downtown scene because they tend to be highly desired and, in the event of a decline, they are the first areas that the city wants to improve. 

There are joint-ventures that you can accomplish this however it's about everyone playing a role.

The amount you listed at $4300 should be deductible, whether you're filing jointly or separately as you're under the limit for both for 2021 tax guidelines- $10K filing jointly and $5K filing separately.