This seems easier with meals, hotels or rental cars where there is a per day cost that is easily calculated.Also, not to create an awkward situation, but it seems you both have a different take on whether the value of reward points are deductible (I spent ~21,000 points on Southwest and the ticket purchase would have been ~$250). 

Code Chapter 47 - Fraud And False Statements, which is a very boring read, unless it applies to you.Please don’t do that.Make sure your Proof of Funds source has the funds and that you are authorized to use those funds and the source will vouch for you in court.If you are going to buy “Turnkey” it is recommended you visit the actual neighborhood and actual house before closing.Things can be very different in person.Afterwards is too late.You may not like what you seeGo with the Math, not the emotions or hopes of the futureIf you are losing money with the hopes of making it up later, you should seriously reconsider.Wishful thinking is a poor investment.Interest rates are going upAnd interest rates are going down.And interest rates are remaining the same.There is no clear direction for rates and there are arguments for going each direction – buy so that your property cash flows, even if you are wrong.Ignoring your workers.Always serve your workers pizza on the job.It keeps them on-site so they don’t wander offThey will think you actually care and will work harderYou get to become “one of the boys” and they will tell you things you need to knowHmmm, out of space, but not out of mistakes. 

Cover all closing cost and keep difference.

That is something that can make a difference.

While the general principles regarding LLC ownership, asset protection, and taxation may apply universally, specific legal requirements, regulations, and tax implications can differ from state to state.Good luck!

Every tenant is different, how would you know how much insurance they would want or do you just do a "base" amount so they have basic coverage ?

it's possible but unlikely. a great CPA who specializes in REI will be able to help you plan AHEAD for tax time and use different pieces of the tax code to your advantage, based on your unique situation, and ultimately save you way more in the long run. would you rather pay $750 to have a return done & get a $5,000 return, or pay $30 to have a return done and owe $5,000?

It's going to come down to how good the deal is; how Expect to put the property in an LLC no matter what to limit your risk, but you will have to personally guarantee the money that someone's willing to give.If it's somebody you just have a relationship with but has enough trust in you to lend to you, the terms can be different and it's gonna come down to what you can negotiate with them.

I will say I got an inquiry on Furnished finder and the person inquiring worked at my local hospital and the hospital never gave them any landlord listings but areas differ.

I'll take the 200 square feet difference between the sunlight any day.