They allow you to connect your business bank account and will analyze your deposits over the past 3 months (but more likely a year).

If it does include that - I would use that valuation.There are multiple methods the IRS allows you to allocate the purchase price between building and land.

I am a real estate agent and would like to buy a fixer upper to rent in Omaha, but the market here does not seem to allow someone to make much, or any money off a flip, or as a rental.

In that case, I advise landlords to error on the side of a lot of time for the first move out time and advise the tenant (in writing) to bring friends, rent a truck, and that you are not required to allow them multiple short times to access their personal property over and over again. 

I would not allow him to rent.

The inspection must take place within four days of the vacancy and you must allow the tenant to be present.

Find out how I can go about paying the outstanding balance (I may need authorization from seller, in which case I would call and have him allow me to make the payment or whatever the case may be) (I'll find this out from the email I get back from their department I assume)10.

I still need to reach out to the county and see what’s allowed, but either install interior stairs, or build a kitchen in the basement.

That assumes your contract allows for you to "automatically extend" your option period without seller's written agreement on any subsequent extensions.

It’s nice and all, but in order to achieve the most in RE investing, I’d have to go into debt. should I avoid debt or should I dive in and allow my RE career to really takeoff?