Read Item #10 on the list that I've linked to below:https://moneyinc.com/texas-real-estate-commission/

If you own your washers and dryers you will probably make some decent money but get ready when something breaks and the tenants want it fixed right away.If you are priced lower than the local laundromat (which most are for some reason) your tenants not only have to carry all their stuff to the Laundromat but will have to spend more money and may want you to cover it.Also a Service Tech will probably charge $100 to show up plus parts. 

However, we are going back and forth on a few items and would appreciate any advice or if anyone knows who to talk to locally to find out the answers to these questions that would be great.

I'm self employed, no other "job"I have STR insurance policies that show a line item for Loss of Business Income.

all my interactions with Scott have been positive (forums and in person).Final item is as is traditional they announced location of next BPCon after final keynote.  

I'm self employed, no other "job"I have STR insurance policies that show a line item for Loss of Business Income.

Depreciation is going to still be offsetting cash flow quite a bit - when you accelerate depreciation, it doesn't technically do absolutely every depreciation item in year one, so there still is going to be quite a bit of depreciation to offset your cash flow.On top of all of this, the tax benefits largely are going to come in year one to offset your income.

Now there can be some exceptions for expensing certain carrying costs, but without knowing specifics it's hard to say at this moment. 

Hi John,For something of this size, the seller might be willing to carry a portion, but odds are your lender wont approve of it.I would look for an equity partner if I were in your boat.

Apologize their stay didn’t meet their expectations that your goal is guest satisfaction therefore feedback is essential…. you’ve dispatched a local team to property to check items mentioned and make corrections.