Professional fees that relate to producing or collecting taxable income or receiving tax advice are deductible. 

Questions for your Property Manager.1)  Are the pictures professional - Take a look... if they are not shot with a 35 mm, edited and virtually staged... they didn't put a lot of effort in.  

The cash on cash return is around 11%, The property has been fully rehabbed and I've had tenants in place since April, under professional property management.I'm looking to continue growing my portfolio, but I need to pull as much capital out of this property as I can.

How do you screen the professionals you use?  

You have some of the brightest members on BP and professional investors providing feedback (a defacto board of directors for you).

LV and bonner both great for growth.  

Can I hire a professional who walk through the property and provide a more valid estimate of cost to fix the home?  

Home is not well kept and needs a lot work.Can I hire a professional who walk through the property and provide a more valid estimate of cost to fix the home?

If it's expensive and has a high annual fee, then talk to some professionals (CPA, Attorneys). 

Rent must keep pace with equity growth (appreciation) otherwise the investor is increasing their risk.