Since you “placed the property in service” (e.g. made it ready and available to tenants) in 2023 you’ll report the rental property and any rental expenses paid OR income  received on your 2023 tax return. if you didn’t receive cash in bank account until 2024 for booking in 2023 you’ll report this rental income on your 2024 tax return.

I have never used any service that costs money.

You would be on site and if you need to do any renovations or repairs you can see what the contractors are doing.

In June of this year he will be assigned a new post, likely overseas, where he will serve out the remainder of his 20 years of service.

Furnished Finder recently announced that now half of their customers are not nurses, but people looking to relocate or need housing while their home is being remodeled or repaired after being damaged.

You have to execute an assignment and assumption agreement to change the borrower from you to the LLC but I doubt your lender or servicer would allow you do that.

When you put your team together, get your general contractor to do a walkthrough and estimate repairs.

Why is there a crack in the foundation, why isn't the repair listed on the seller disclosure? 

Can their services justify me spending the money for their expertise?

The place has a great amount of repairs to be done to it but I don’t think it’s nothing a McDonald’s wouldn’t be able to fix if they were interested in buying it or whoever at a discount price.