I follow the zillow rental listings for those houses, and they can be rented for $3.5-$4.0kEndless numbers crunching and countless spread sheets tell me land-lording my condo, and renting a SFH is not such a bad idea. 

A drain line for a washer is a dead ended pipe like in the following picture: 

Plus I get to stay there about a month or so and it still looking great.Couple of thoughts with more to follow..1.

Hmmm, I supposed you would pay on that interest since it is reported for that year, then if you never get your principal back you would reverse that in the following tax years as a loss.

You need to follow it.  

Decide what works for you and make a business plan to follow.

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The following elements must be proved before it is considered placed in service: 1) Readiness.2) Availability.3) Capability to perform its intended function.Advertising it before actually meeting these do not help you.

Not necessarily but more like an institutional lender that doesn't follow Fannie Mae/Freddie Mac rules. 

The RMLO will provide you an underwriting  package with the following items: STATEMENT OF COMPLIANCE QUALIFIED MORTGAGE REPORT CREDIT REPORT PROOF OF INCOME REQUIRED LOAN DISCLOSURES SUPPORTING UNDERWRITING DOCUMENTS CLOSING DISCLOSUREThis underwriting package will also help you sell your note for top dollar if you ever choose to shop it!