Howdy,The wife is finishing her classes for her real estate license for purposes of our investing.

It's worked well for me and I've found sellers are much more responsive when you are under contract than when you are just a lowball offer on a piece of paper. 

Obviously you need to respect your tenant and their space, but it's your responsibility to maintain the property for a number of reasons.

I’ve been reading the forum and the responses and I have to say, you guys are very knowledgeable and very helpful.

If less than that, let's say 80%, you deduct 80%. 2) if you use the money for the personal purpose, it is not deducted. let's say you use remaining 20% from above eg on a car, you can't deduct that. 3) if you hold the money at the bank that is your rentals bank account for future repairs and capex, it is deductible at the rental level.

Thank you for the detailed response

What’s the purpose of having a title company on your team?

Aside from being responsive and knowledgeable, she is also an experienced landlord and property manager and an expert in lease/purchase and owner financing.

Not to mention you can share responsibilities during due diligence/closing and asset takeover which should make the process much smoother for you. 

Thank you for your prompt and understand(sic) response to this matter.