They can help you screen, collect security deposit, collect and automate monthly rents, and provide renter's insurance. 

It's a pretty solid property management software that helps me screen tenants, collect rent, resolve maintenance issues, and write leases! 

From that last link: "Look at the risks the owners take to collect illegal rent: civil and criminal charges in the event of death, that certainly means possible incarceration; no insurance coverage because of misrepresentation to the insurance company and income tax evasion charges from the IRS and [state] taxing authorities.

Trying to see if any collective knowledge on fixing or replacing them from the Bigger Pockets members.  

When we went to collect rent over the labor day weekend, they've only pay the old rent but not the new increased rent, which we believe is intentional on their part.

The furniture left behind usually consists of stained mattresses and trashy furniture.It's easier to share a guide: https://www.baymgmtgroup.com/b...Record what you find with pictures/video so they can't come back later and sue you for stealing their rare collection of bonzai trees, the freezer full of kobe beef, or grandma's ashes.

My grandmother said I will be stabbed at abandoned houses and that I may as well buy a Beanie Baby collection with my money...they will be worth the same amount of money one day.

In the past I have given gift baskets from Costco, the ones that are a wrapped collection of coffee, chocolate, cookies or similar.

So I'll offer my 2 cents.If I were in your shoes, I would get the property under contract and then consult with a real estate agent, title company, and a real estate attorney to make sure that this is being structured exactly as it should be to protect both you AND the seller.Ultimately you want to take over her mortgage payments, remodel, rent it out, and collect the cash flow every month.

Down payment is never factored into deductibility.You used your down payment towards the purchase of a house which may or may not be depreciable at this moment.Whether you collect rent is also not a factor.It is whether the house was in 'service'.