Yes you need a closet but you also need a master bedroom bath, even if it’s just a 3 piece bath, to get the most rent you can achieve for the location.

Now the floor is buckling, causing furniture pieces to wobble, etc.

Be careful, there are a lot of people buying these certificates on the internet and they show you a fake piece of paper in hopes you allow the pet without add rent or deposit even if you have a no-pet restriction. 

I completely agree with @Jared Prevost about making sure to have financing lined up and don't be afraid to close a small deal that isn't perfect in order to show brokers you are serious.Another piece of advice, once you have found a broker you like working with that is regularly sending you deals be sure to keep them in the loop on your opinions about what they are sending you.

If you're running a flipping business, I might be able to guess most of the bigger pieces, but most likely, you're going to be running your business differently than I run mine.  

Rest of board was trash since it didn’t have the groove.5.Laminate suppliers quote the price of transitions by the foot but only sell 7.5ft sticks and transition pieces are very expensive.6.When you turn the water on for the first time….

Like Jon said, it is worth the extra couple hundred for the piece of mind.

The gov't will get their piece of the profit in the form of taxes.

I can tell you I got audited on the very subject It only last 20 minutes my accountant showed my returns and copies of my brokers licenses etc and I was fine others who tried it and did not qualify got nailed.So bottom line is you need to know why this bonus deprecation is being offered on this Real estate maybe it had something to do with super storm sandy?

I will be there to pick up the pieces once reality sets in (as we did back in 2009/2010)...and unfortunately reality always seems to rear its head to the surprise of many.