The key points you will want to get clear are (imho):1) Equity split - keep in mind that legally these percentages apply no matter how much extra equity is contributed to the project after you sign your docs.

The tenants was cars outside, have friends do their laundry there, they do not report toilet leaks, or drippy sinks as they do not pay the bill.Why did the existing tenant move out??

Yeah, I heat it when the hot water heater tank leaks - kind of unpredictable and never convenient.

On short sales the bank generally pays the title fees, title ins and doc stamps.

I sent my final closing docs by way of handing it to the crew chief on my first flight to Afghanistan.

Yes people sign docs out of state all the time.

For example, I do the corporate and securities stuff, but not title, real estate closing docs, or landlord/tenant stuff.

I'd also suggest you take any attorney docs prepared for you or blessed by an area attorney.

A roof repair of a leak is deductible.

The problem started when the basement unit's owner notified the HOA about a slow leak in a pipe that runs exposed across his ceiling.