So in my situation I have instant booking turned on and didn't have Damage Protection.

I went through a similar situation with two of my rental homes. 

With this additional expense, that would mean depleting the savings we’ve worked so hard to build over the past few years.To add to the situation, my wife and I are expecting our first baby in just two weeks!

With the instability of the current economic situation I see a lot of opportunity.

I’m curious about what my rights and responsibilities are in this situation.

If accepting the no parking MTR situation, then the MTR really needs to be pet-friendly (bonus if fenced-in yard) and have laundry (especially in-unit) to make up for the elimination of a key amenity.

Can I 1031 my mother’s house I just inherited for a convenience store?  

What I don't control is the market price.The specific business situation where this may be useful is on absorption of a new apartment complex units, but then they have a metric for that, absorption.

It might be a situation where you are digging a manageable hole that you can work and earn your way out of, but be honest with yourself.

And now with rates being high, plus many areas overbuilt with new apartment buildings, I’d be careful with unknown areas, and also what you read in the media about “hot” areas, up and comers, etc.I was in a similar situation to yours a couple years ago.