He plans on going to housing and getting his funds increased since he can't afford the rent right now as is.

Do I use the depreciation and amortization report and add “Building+furniture & fixtures” which is our total schedule E depreciation and amortization for current year or is there more to it?

It will become 42 units of affordable housing. 

The Question: If we cannot close on the property with conventional financing due to the tank, and the seller cannot afford to remove the tank she could be stuck. 

., but we still see affordable units in other cities that can generate a decent cash flow.

Get the thickest wear layer you can afford.

The tenants would have happily paid to extend the lease, but the insurance company stopped paying for furniture rental too. 

As thick as you can afford.

The lender/underwriters will have questions about your intentions to actually owner occupy on the FHA loan.As for team: many of us agents have great lenders and contractors, I can connect you with a good PM as wellAreas: LOTS of areas that you cant go wrong, I really like southwest denver for affordability and access to downtown. 

If I could afford 20% would it be better to put more on a down payment or keep the funds for the examples you listed?