We found a great property that already has a tenant. Other than the kitchen, the property is actually in pretty good shape. But in order to get my money back out of it using the BRRR method, I need to update the kitch...

Some will allow the landlord to set a fixed cost for a deduction and some will notMy best advice is to deduct what you are prepared to defend in courtVery good point, I would rather error on the conservative side considering the Treble damages clause in Section 92 for unjustified deductions from Security deposits.   

We can't keep having young people make the errors I have made, and head for a life of this description!

Thanks Just notice the spelling error in my above post, it's "Expediter", not Expeditor.

Get an attorney until you understand the process (it is straightforward if you do it correctly but the cost to correct errors may not be)The llc will protect your other assets if something occurs within the llc that you didn't personally do--slip and fall, etc.

All, thank you for your comments, very insightful and helpful.I have found a very large error on my side with regards to the 3 days to vacate notice.The form is completely filled out, EXCEPT for the "Reason for eviction". 

Delayed an extra week with two closings due to an uncorrected bank error that I pointed out around  week 2. 

Best advice you have for a rookie that will have trouble getting a loan can put down 20%?

There is so much room for miscommunication and error.

My contractor initially after install said we can have those buffed out but now he is saying it's a manufacturers error and have to pay a specialized trade to fix it.My contractor also claimed that he went to the manufacturer and all their pieces in the color we bought had these markings but refused to rectify the situation.