One more quick point, just because you loaned money to ABC LLC, that in itself does not make it a commercial loan, the types of loans depend on and are categorized by the collateral taken, not the borrower, so if you lend on single family residential properties, you are not a commercial lender, you are a residential lender.

@Mike Rubin you seem to have your mind set on paying off these student loans ASAP and it's your money, so I won't argue that point. 

People will argue it will trigger the due on sale clause but I am unaware of any of that happening.

I argued with them that the tenants paid the security deposit in cash and here was a copy of the receipt.I then showed them my bank statement where cash was deposited.

I recently finished reading the ABC's of real estate investing, its a great read and I highly suggest it because it discusses goal setting.The first step (this is what I am doing right now) is building your network.

While you might be able to argue that the repair was done in preparation for renting, It would still not be deductible.

If the lease indicates that 1st and last months rent is part of what is required, they might be able to successfully argue that the lease was never fully executed because those amounts were never collected and they never moved in.

I would argue that simply by showing up everyday, reviewing the daily forum posts, reading the BP Blogs, and selectively reading some of the Member Blogs, you CAN get a LOT.

If you are only doing one to two flips a year I would argue you are not in the business of flipping properties and therefore your profits would not be subject to self-employment taxes.

Whether we do equal work, whether I do 90% of the work or whether she does 90% of the work, we'll never argue that either of us are getting the raw end of the deal,  since we pool the money in our household. - We came into the business with enough capital that losing money on our deals wouldn't put a strain on our financials or our relationship