We don't believe there is anything that needs to be done with her lease, so we reply "Noted, sorry about your loss"4) Day 6: dishwasher leaks so much soap duds in the kitchen that it looks like it snowed there.

First off, i'm sorry for your loss.

While the potential outlook on these properties looks good, we feel stuck/at a loss of momentum.

B) in 10 years when you start earning more income than depreciation you’ll have carry forward losses.

Can you suggest that what option do I have now to recover the unpaid rent or reporting it to their credit scores?

. -- so I can't rely only on the PM's monthly statements and 1099 to track my overall income/loss from the RE. 

This tells you how quickly the REI should recover their cost.3 - Starting Equity:  Subtract the debt principle (mortgage and any other debt directly associated with the purchase of the property) from the Property Value (this could be higher/lower than the purchase price). 

We probated the estate in order to recover monies owed to us.

Recovering: I do think that burnout is real, and it is better to take a certain number of hours and be very highly productive, than to say we worked like 14 hours, but a lot of distractions in there.

Some industry insiders will tell you most REO Foreclosures are not good deals, and many are not because the bank is trying to recover their investment.... but if you know your market, that neighbor hood, the pricing, features and comps, you could start to know a deal when you see one.