Not sure if the fact denouncing new administration will wake up to it eventually, but in my area contractors are very pricey already and further price increases will probably lead to reduced economic activity and ultimately hurt consumers even outside of the construction trades. 

All I can find online is this is normally amortized over 84 months on Schedule A, but I'm not sure if this would be applied the same for an owner occupied rental.Thank you!

The college student does not have as much money as the normal dual income family, and that is the big reason it will be a little harder to rent out.There is always the possibility to rent it as an AirBnB; however, if the rental is in the same town you live I don’t know how high the demand is for AirBnB (something to look into though)! 

@Tony Zheng It depends on how well you target your postcard marketing, but normally you should expect anywhere from 1% to 3%.

That sounds normally and I wouldn't expect funds on top of that. 

That is normally not possible if you pay retail market value, since if you need or choose to sell you will incur ~10% transaction fees ... without a discount, that is a 10% loss.

Ryan Ahlgrim I normally flip.

We normally opt for LL when we have put the unit into rental service. 

With 1100 rent, that 160 represents a fairly long vacancy of nearly two months; maybe that is normal for that local area, but I suggest you try to figure out a number for this that better represents that market.

I had a renter, hardship I didn't charge him deposit, but one months rent....day 2 he became enraged and moved out, broke the breakers, left everything unlocked, broke fixtures insideand demanded his rent back...and was very threatening...this guy thought since he paid no deposit he would get his rent back for not being there...some people do not think normally...be careful