This will be my next vacation rental.

Contacted the Housing Authority to confirm if I were to receive or deny money being that the security deposit was covered.7. agreed upon moving forward, May 14 an emergency happens & couldn't meet for the keyThe housing authority are very hard to contact for answers and the case worker for this case is on vacation this week.

Since BPCON is happening in Cancun, a well known vacation destination, that gives me large pause for thought on if this would be an allowable business deduction.

What is more lucrative in a Midwest or southern market, with  prices in the $300k’s for STR’s, college football or vacation spots and where.

I suspect this is true of most markets in WI, but not true of most vacation markets. 

After using the property as a for-rent vacation home for two years, the owner converts it to a principal residence.

We knew they were vacating so, we are really only 1 week vacancy. 

We NEVER, EVER, EVER, return a deposit until the tenant has vacated and we have inspected.

@Bryan Galaz the purpose of a HELOC is to use that money to invest, but you must be disciplined with putting the money back and not spending it on a vacation or expensive car. 

Currently, I am in Greece on vacation and my encode plus is off-line.