Most tax professionals do not advise their clients to utilize this approach and it may raise concerns under IRS examination.

We’ve had 6 showings in the past week alone, which is already a lot, but the most concerning part is what’s been happening during these showings.Here’s the real kicker: there have been showings (with prior notice given) when we weren’t home, and my cameras caught prospective buyers entering unaccompanied—no realtor, no landlord, just strangers walking into my occupied home.In one instance, my husband happened to be home and answered the door.

What are the concerns?

I remember being a beginner and having similar thoughts and my coach telling me "you need to keep looking for the deal, it's out there". 

Meanwhile, your expenses, like debt service, taxes, insurance, and maintenance, continue.Another concern with investing in disaster-prone areas is the high cost of insurance.

If it is/was an automotive repair business I'd be concerned about underground storage tanks, surface contamination, etc. 

That was actually my concern, getting the type of tenant that don't destroy the property.

Inventory is already sky high there, insurance hard to get /afford and now there is a recent disaster concern on top of all that.. 

But each little area has a rule concerning short term rentals.  

Also appreciate the monitoring advice concerning security deposits.