Just make sure you update or don't invalidate such items as your Title insurance policy and your homeowner's/landlord's insurance policy.

Do you mind me asking what your rehab consisted of and what were the big ticket items?

On line items below the $2500 threshold for an expense. 

These ‘inspectors’ typically issue infractions on items that requires a landlord to pull permits for no good reason.It’s not fair. 

Supply of items customers were selling was also high (result: biz could be choosy with buys and turn items faster; also biz needed more cash on hand to make purchases).  

Supply of items customers were selling was also high (result: biz could be choosy with buys and turn items faster; also biz needed more cash on hand to make purchases).

(I am able to itemize every other year by shifting charitable donations from Dec 31 to Jan 1)-Would it be better to refinance my primary home to a 20 year loan (I only have 20 years left anyway) and the rental back to a 30 year loan...and keep them separate? 

Lack of communication, lack of follow through on maintenance items, charged for things that are not our responsibility, I could go on...At the moment, we have only one property, but we've got money for one, possibly two more, but I have zero comfort level in Memphis PM.Thanks.

So when you have a deal you email the lawyer the deal terms and whatever other info he needs he puts it into the template docs and advise your client roughly legal fees are xyz and the other costs of tile and so forth are standard. you want everything documented, all items notarized and recorded.

Networking to find contractors in the Cincinnati, OH area who provide detailed line itemed costs and communicate well via email.