Be sure to not invest purely for that tax incentives.

This information is purely education to help me understand the income section of a property management profit and loss.

@Pete Harper - Here is a forum that has discussed this topic years back: https://www.biggerpockets.com/forums/104/topics/1044333-pure...

The area where my mom lives is inexpensive and seems like pure cash flow could be $300-400/ month or more."

Purely an unsecured promissory note.

@Albert Bui @Carlos Valencia There is no offset when you live in the 2-4 unit remember its a full HIt to your monthly PITIA and yes you can use the rental income but only as an addition to your qualifying income, you're still taking a FULL hit on the PITIA.Its only offset when you vacate or move out or it has already been converted to a rental (pure investment/non owner property). 

Generally, tenants don’t have the right to demand relocation for purely cosmetic improvements, nationally. 

I'm thinking a pure white or perhaps an alabaster white.

From purely a lending perspective, the projections from AirDNA and Rabbu are the only commonly accepted sources for underwriting a short term rental purchase or refinance DSCR loan.

Or are you purely looking to go the conventional route only?