Your filings save you not the contractor.

My attorney told me that he and their attorney were going to file eviction papers against the occupants of the Mobile Home. the attorney agreed (at least I was told so by my attorney).

Next Question is when you do need to foreclose how are you getting other investors involved?

I think you'll need to decide whether or not you will be involved with the vetting/payments.

You could roll up a entity, and write off the office supplies or whatever you want to catalog it as, but the write off value on them books will likely be worth less than the cost to form the entity, documents, and tax filing cost.Once you have a working business, you can absolutely write off software, books, seminars, guru program, etc..

Recently, which no one has mentioned yet, and this has only been in the last 2-3 months Fannie Mae whom used to always require 2 years tax returns is now doing 1 year tax returns too depending on the findings we get when your file is ran through their automated UW system.

I filed bankruptcy in 2014 and now I have $10,000 saved for my first rental property.

Larger roof, more expensive fixtures, higher labour costs in more expensive markets.Keep in mind that everything about costs and income are extremely rough guestimates at the very best based primarily on industry data gathered over decades involving millions of investment properties. 

I am still heavily involved in building/yard maintenance and turnover work,  but I leave all the stuff with legal risk (advertising, showing, leasing, enforcement, rent collection, deposits, etc)  to the PM.  

Any who I recently came across a house that was involved in a massive house fire and requires about 175k worth of repair.