Only one primary residence per individual or married couple qualifies for the Louisiana Homestead Exemption. 

If you google "lease .doc" or "lease .pdf" you will find a few options available online.

So even if the average is $1050 that doesn't mean that houses also couldn't go for $1250 or $800 in the same area depending on its individual characteristics.3) It's not entirely clear where Rentometer pulls its data from, but I think they are using list prices instead of actual lease prices.

(Which kills my numbers.)The T12 numbers were iffy even though the building is 100% occupied currently and future proformas looked good.There is a new construction happening nearby - 335 unit large apartment complex coming online in Aug 2018.Nobody said out-of-state investing was easy, LOL. 

@Swati V Patel in order to link the individual's name that you are talking to just begin to type out the individuals name and it will pop up.

I've been researching online for the best exam prep courses and it seems like KAPRE/Brightwood Real Estate Education is my best bet as I do not need to take continuing education. 

You want to talk to your CPA first and foremost you don't want to get in a situation were your deemed a dealer and lose your cap gain tax advantages.that said a take down schedule like this is common in the industry.. although CA usually a million dollar property is not a lot.. vis a vi development ground.. and builder developers there usually stroke a check if needed.I suspect though if your going to sell it in phases.the land would be split into 3 phases and you deed out each phase as he pays if off.. but not individual lots that were your CPA can advise you on dealer status.its common though in these scnerios to have accerlated paymentso you have  3 phases  333k each... you sell first phase for  400k.. second phase for 400k last phase for 200k.. this way you get a premium if he fails to buy the rest of the dirtalso in your contract make SURE you demand that all work product engineering soils geo tech that type of stuff is once paid for your property as well.usually in vanilla real estate transaction on the west coast I don't recommend or see the need for a lawyer but in this case I would find a good real estate lawyer tell him these basic terms and things you need then let him prepare the contract.. hope that helps.. and assuming the dirt is in CA.. of course.

@Jimmy Ready To calculated PMI you can use online calculators (Google).

Can find this and also DSV at wildlife control online stores.   

I'm confused about Capital Expenses, my CPA says to just put into Maintenance but when I search online I hear you should keep it in it's own area.