We had to adjust ARV as each development of the 2008 crisis was literally being reported each day.

@Kirsten MiklethunIt depends.If your Modified Adjusted Gross income not counting the rental is below $150,000, you may be able to offset some of the losses from rentals on your income.If you can't use it this year - it gets suspended and carried forward.

I'd wait at least a week for the wood to adjust.

They're also adjustable rates and typically higher than normal refinances.I always opt for the cash-out refinance. 

If so, do you adjust for the assumed run-rate for repairs/CAPEX (e.g. a as a certain % of revenue) instead of using actual costs? 

I'm pretty convinced at this point that this is the right path for multiple reasons to include that the price changes that it does to adjust will also help you raise in the rankings because of a change to your listing.

Your goal as a passive investor is to identify a good risk-adjusted investment project, which involves assessing sponsor quality and the quality of the investment. 

I want to make an offer for asking price so we can lock it up & make adjustments after further inspection." 

For most people, they are capped at $25,000 net losses to write off on their w2 income.HOWEVER, it sounds like your wife is making a lot of money and the $25,000 net loss deduction is caped and completely disappears with individuals making a modified adjusted gross income (MAGI) of $150,000.

Then go to the "Loans" tab and manually adjust "% Financed" underneath "Repairs and Reserves" and "Closing Costs."