Cash on Cash return is great and to me it seems like a great deal...

This seemed great to me as a homeowner reaping the rewards of fast-growing equity.

There is probably an easy yes or no answer to this, but I can't find it anywhere online or in my Nolo books: if I have repair costs "incurred" prior to me putting a rental into service, but were actually paid with cash after the rental was put into service, do I still capitalize them along with the purchase price and then depreciate? 

The agent suggested it was likely vandals, yet that seemed an odd thing to vandalize to me. 

Feel free to reach out to me if you have any questions or you'd like to get together sometime!

Looks to me like about a 9 cap with an ROI of about 18%.

I've shopped around multiple banks over the past 18 months and this seems (to me) to be the best option.

This isn't making sense to me.

Stuff happens.However, I think the *real* issue is that my agent miscommunicated to me on TWO occasions about the repairs.First was this, when I was contemplating the purchase (emphasis mine):"Also, regarding the disclosed repairs for the other building.

Kind of strange when the house next to me had sold a month earlier for 326k and was a much smaller home.