Trying to understand if depreciation on the house now that it is a rental is appropriate, also heard that 100% of improvements can be written off in the year they occurred. 

First thing you need to understand is that her renting it out does not make money for "all of us".

While those courses are wonderful I understand a masters in finance is much more versatile and overall more useful.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

They are also used when you are investing with other people in the same project.LLC will also increase your paperwork and bookkeeping, and make obtaining loan more difficult.As a whole LLC are great tools to use in real estate, but you need to understand first their pro and con as it is not the magic bullet solution for every situation.

I highly recommend Jason Flemming of CIBC.He understands the real estate investment game and very objective.

@Luther Wilson III, I understand the hesitation when deciding whether or not to go the turnkey route, but I think there are a lot of factors that an investor needs to weigh during the decision making process.

When you understand the roots of the right, you understand that judicial redemption rights never come into existence if the investor takes possession fairly quickly after gaining the tax certificate.

I would make sure that you understand your state and local landlord-tenant laws and Fair Housing guidelines/what is considered discrimination most importantly (on top of the things that you already listed)! 

If the PM is working under a Broker/Owner, contact the Broker/Owner directly because they are more likely to understand the threat to their business.3.