Participation in actively managing the property, in addition to other factors, changes whether or not losses from a rental (losses that may include bonus depreciation) can be used to offset non-passive income (W-2, 1099, etc). ...

The leasing broker has to work a crap ton for their fee to get them to your site over others.If you decide all you can get is a higher risk small to no credit tenant then you may want to only start paying the fee once open and first months rent received on time and have a clause if the tenant goes bankrupt or closes the fee is no longer owed to leasing broker.

The problem is that there are so many factors that impact the rate...credit score of the guarantors, Loan-to-Value, property type, citizenship status, etc...the list goes on.

Additionally, central HVAC systems typically require less maintenance and provide more consistent cooling throughout the property.

They haven't missed any payments last three months and requested to add additional roomates so that they can be on top of their paymentsI personally think 7 roomates in a 3bed 1ba is little too much for the apartment that also has a shared laundry with another apartment,not to forget the wear and tear with so many people.Should I continue with them if they are keeping the place generally in condition or ask them to find another place within next couple couple of months or so.Interested to hear thoughts from other experienced members here.Appreciate your inputs.Thanks

Note all investments, including real estate, carry the risk of loss in addition to possibility of gain. 

Upon checking out the home, I felt comfortable offering 240k and no credits due to my prior experience of checking out homes in the area.

Additionally while it's true you cannot take advantage of the depreciation on real property investment when inside a retirement account, that is not the purpose of a retirement account. 

Can we ride on our credit for some of the ownership or would we need to put in $$ for the financing, too?

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.