Understand the following.

Understanding one another's difficulties can lead to better solutions.Make sure that any modifications to the rent payment schedule are noted in writing, perhaps as an addition to the lease agreement.

From what I understand, you can deduct the entire premium as it is an expense to run the rental property.

Can you recommend someone in Tampa that is more broad in their experience then a traditional lender.I want to make sure I understand what you are looking to do.

@David M.I will be honest, I am not entirely sure I understand her question.If you have a primary residence in one state and work in another state, then yes you would still pay taxes to the state that you work in.I.E.

I'm trying to understand.

I don't see an issue with this return profile, but it would be helpful to better understand the assets involved, redevelopment process that's proposed and the bank leverage to better vet whether the return profile is realistic.

I understand that other options than a saving account come with risk.

Leave it.You should understand the long term cost/benefit of every improvement you make in an LTR.

I have spent around $500 this week, and I do understand sometimes like this things do happen, but if this does continue and something seems off, do you recommend I tell the property management to conduct another inspection or to change the lease terms where the tenant pays for any small maintenance fees.