So any painting, fixing windows etc. done prior to being rented cannot be deducted, but I can add the cost to my basis (purchase price) / 27.5 years?

I am also aware of that 2 year window where they don't count my rental income in my debt to income ratio until two years from when I started claiming rental income.I've made 50k 70k and 63k in the last three years, I am in a tipped industry (poker dealer) but all of my income is claimed.

Owners often look to sell just as lots of things are approaching replacement: mechanicals, roof, windows, outdated units.

I would have separate windows folders for all back-up, e.g., a folder for each property.

Ever notice how quickly condensation fogs windows just from boiling up a pot of spaghetti noodles?

You generally won't achieve 2% on houses north of $50,000 except in some war zones and distressed regions.50% guide simply states that 50% of your gross rents will go to expenses over the life of the rental, of the remaining 50% take out debt service then you have your income.Rent $1600, means $800 a month will be eaten up in expenses, capital, maintenance, insurance, legal, accounting, utilities etc.If the area isn't too bad (no bars over windows, you feel safe walking there) it seems pretty decent to me, then again I am comparing that to whatever you can get in SoCal right now.Andrew

Credit cards at 20%, banks generally not lending on unsecured consumer sector, a decent space exists for companies that broker online loans in that space.This lending platform just needs to work on develpoing credibility and stability.

Just because a bank offers financing doesn't mean you fit through the tiny window of who they will approve.

It is an old, drafty building, and I've suggested that tenants cover windows with plastic.I am still receiving calls and emails from these two tenants about their apartments being cold, but I know their thermostats are working and they are set at and registering 71, which is the maximum setting.Do I need to do more?

However, one lender said with confidence that he could do it since I'm past the six month window (and close in 30 days) During a second phone call he confirmed that in the latest (RMI?