Finally, there will be federal taxes beyond beyond income tax, since you are considered running a business, you'll be liable for self-employment taxes related to the business income from your nightly rental business.The proposed legislation limits the total number of nights to 90 per year (for units that are not owner occupied, like a home).

In any case I think the cousin thing is something you can look into if you have any unrelated individual legislation in your area.

If, in case of a default, I were to enforce the note, it is my understanding that before taking the property over, I will have to pay off the first mortgage. 

That being said some platforms "enforce" it more than others.It is a pain, but you can use one platform to verify for another.

If you want it to be easy, have a good lease that you enforce, screen your tenants, have the nicest rental at a good price, make sure your property is in great shape, and leave your tenants alone.

When I say that, I do not mean that you should treat them badly, just the opposite, but you should treat them in such a way that they know you will strictly enforce the lease agreement and that you are in control.I don't know what being pregnant has to do with the return of deposit, but....In regard to keeping the deposit, what does your lease say about it?  

I agree with Michael Stanton,have you discussed this with code enforcement yet?

The cost to even enforce it, if it was a binding agreement, is normally not worth the headache.

I am now a huge fan and listen to the podcasts everyday on my commute to work.Less than a month after I purchased the house I received a call from the code enforcement officer.

But if their accounts are public, that information is fair game to not just you, but potential employers, law enforcement, and grandmothers everywhere.Be clear on what you’re looking for on social sites, have a listLinkedIn could be useful as part of the employment verification.