Can't see the full text in the screenshot.

An architect or engineer can also provide valuable insight into the design and structural aspects.

You are right that you deducted damage from the security deposit and so he is entitled to less than the full deposit back.

I manage an asphalt maintenance company during the day but would like to build a rental portfolio and eventually get into flipping full time.

Hi Cory,If you are simply buying from someone that has a mortgage on it, you will not be handling the full payment on the mortgage.

The public records show the house was listed for Zillow's full estimated value twice in the past year.

He said that he was quoted $10,000 for a Lennox unit with all new install, or $7000 for a York system with the same equipment that is there (which the sales guy said was fine and didn’t require a full renovation).

Here is my interpretation: You cannot deduct the full amount in one year. 75% of the points (other 3 units) if you use unit count = $9168 divided by 30 years your annual deduction is $305.60    Points are prepaid interest -treated as interest on Schedule E.

For commercial loans 5-10 years is pretty standard usually I structure my loans with banks at 5 years fixed followed by 5 year variable hybrid.

You can also sell the home with a sink full of feces but expect fewer buyers with discounted prices.