When the property is finally paid off its entire market value at that time in yours so it is as if you were setting up a bunch of savings accounts that will each have an equity balance that will belong to you , long term of course and the rest is just simply ways of managing the debt, cash flow, and appreciation to your advantage.

@Derek LogueI agree that if you are investing in low income it will be infested with criminals of all sorts primarily due to the fact that their lives are a mess, quality landlords (B class or better) will not rent to them and that is where they belong.

There were clothes and random trash/belongings strung all throughout the house. 

The next shoe might be long term US debt. 

If you're implying all AirBNB rentals with average occupancy of 7 days or less belong on Schedule C and are subject to SE taxes, this isn't correct.

Anyone want to meet up and talk Real Estate and Drink Beers? 

Elise, I actually found what you are talking about, that is a new law this year, i have not been charged this. my PM belongs to all kinds of organizations and would have known about this, but has not said anything. i am going to have to send this to her and my accountant to find out about it.

Those people are claiming his belongings as their own and their stories do not add up at all. 

This house has been unoccupied for a year and still has some belongings inside.

If they belong to a tenant perhaps tell them to move them.I'm assuming the chairs belong to the tenants.