Pretty standard apartment inside and out.Rent in the area according to rentometer for single beds is $640 so it's on the low side and with the old original appliances and cabinets and stuff, has upside potential.I was thinking of offering 380k to start and subject to financing, with inspection contingency, request a schedule e (he showed us numbers from his accounting software already but to be safe of course,) and estoppel certifs.Income 52kExp 14kNOI 58k~Rents- 525-575My broker said he'd go 390k max but he said he thinks it would be a good buy to hold for cashflow and rehab units for higher rent. 

I am currently using yellowletters.com for my marketing and may use their call center as well to pre-screen applicants.

My name is Nick Nobrega and I'm a 29 year old software sales rep.  

I sent the message to him asking this person to fill out an application and upon approval she would we added to the lease.

I don't know anything about foreclosures in Washington but just in case it is applicable, I want to share what I've learned (and if you already know this, then forgive me!).

That software that OP Nate Smoyer sells looks pretty cool.

OK I am a retired engineer but my slide rule has been packed away.I would very much like to find an experienced REI CPA who can use Turbo Tax(TT) as well as their professional software.    

That means it's more expensive and requires more downpayment, but you get the flexibility to buy as much as you can justify in your balance sheet and application.

Some of these things I've mentioned may not be applicable or advisable but a good attorney should be able to advise you. 

On other MACRS property you would use a mid quarter or half year convention as applicable.