Real estate professional status (deduct losses on active income), Cost Segregation/Accelerated/bonus depreciation (most likely not an advantage on one property unless its 350k+).

I could benefit from intro bonus offers for business bank accounts, phone service discounts, among other things, I'm sure.Having a business checking/credit card would help keep expenses organized.

: {Hopewell, VA 23860} 4 Bedroom 1.5 Bath 2110 sq. ft (Livable Space) W/ 1500 sq. ft Basement Including 2 Large Bonus Rooms.

You have to underwrite the deal as if you would not be managing it because they don't get a bonus on their price just because they manage it now.

You can get it on Amazon but there is a lot of bonus footage if you order from BP link.

And in this era of almost free money, the added bonus you get on your IRR is very quick capital rebuild from the amortization of the loan paid by the tenant.

Bonus basement with about 2800 feet of additional living space that will be rehabilitated for use.

Pay a livable wage for the area and they will be able to afford housing and if you are needing people to move maybe a relocation bonus and cost of living adjustment.  

I think there is about a 50/50% chance that they will both take a cash for keys offer (I plan to offer them a generous amount to increase my chances).

For me it is bonus extra income, not a consistent predictable source of cash flow.