Much appreciated.You can google that one for tutorials but there is really no Need to model it as It's a simple calculation of the loan balance at time of sale and the percentage of penalty.

It's unlikely you will ever successfully get sued for more than 1m, so you should be more than fine with a simple $200/yr, 1million insurance policy.

Turns out I was wrong and I had someone do a simple cleaning of the apartment the day after since it looked like they left.

It really depends on how your lease is worded and also your local landlord tenant law, so you may want to brush up on all that quickly.Even if nonrenewals were halted in your jurisdiction (I don't know if they were), this goes beyond simple nonrenewal if it truly is a safety issue.

Simple.

I've heard that Simple Bank as features like this.

I’m sure this has a pretty simple answer, but I am very new to BP and still learning a lot.

All you need is the equivalent of a simple expense report with a receipt.Of course, the main point of depreciation is to offset profits so you can defer income tax. 

An example would be For Sale By Owner because it seems pretty easy when the market is hot, the property is simple, and both parties are honest; it doesn't take much for a FSBO to turn sour.AirBnB arbitrage is another model that looks good on the surface when everything is going well.

If in mid-June you're still comfortable with the deal then you can move forward if not you get your deposits back, makes it simple.