What documentation will I need to provide to the IRS in the event there are any audits? 

If you are asking what you are looking for, you either need to learn some accounting 101 or hire someone to layout for you.

They needed a new roof and the guy quoted my friend over 4x what it should cost. 

There's plenty of value to be found in neighborhoods such as Christian Park and Martindale-Brightwood (near Fountain Square and Irvington), Near Northwest-Riverside, Near/Old Southside, and Butler/Tarkington despite being quite close to some of the sketchier parts of the city.If you are ever interested or need assistance, feel free to connect with me.

TOPA still a concern but how much of a concern is it for the buyer?

I’d suggest checking the condition of the new property first—you might need to put in some work if you plan to live there long-term.While I’m not a tax professional, and you should definitely consult one, keeping your current home as a rental seems like a solid move.

I need some advice on rental bank accounts.

At one point she even said if the hotel doesn't provide kitchen then I need to pay her $500 just for food for 6 nights.If you were the landlord, what would you do? 

Jakes is the Casino,,,,,,,,,,MTM is NOT the way to go, way to much work, if MTM was so great I would do it, 

is it needed if I am buying my first rental property?