Between all of the set up work, creating your listing, responding to guests, setting door codes, scheduling cleaners, paying bills, reviews etc it is not hard to log 2+ hours per week.

There's no mention here of material participation and if their income isn't fairly high, there are probably better strategies and it might be a greater benefit to them to spread that depreciation out over a standard schedule.

Hi Julian, DSCR loans are underwritten off of appraisal rent schedule and / or lease associated with subject property. 

A DSCR loan is underwritten based off of the applicants credit and an appraisal rent schedule. 

Being OOS it is far more difficult to manage IMO, but it can be done.I would love to schedule a call with you to discuss property management and see if it is something you can do yourself, or based on your situation, would hiring a PM be the better option.

Come schedule a showing today!"

Considering tenants are more likely to move during the summer months, do you think it's wise to schedule leases to expire during winter months?

They specialize in vacation rental turns and offer some pretty nice features like automated scheduling & cleaning reports.https://maidthis.com/fishers  317-792-5524

My last few years on the "day job" before I retired, the absolute worst part was looking for and hiring employees. 50% or more would not even show up for the interview they scheduled, and wouldn't let you know. 50% of the ones that did show up were such dead wood when they got in there that it was obvious why they were unemployed.

The items you'll need to track are:Date of ExpenditureVendor Name/Tenant NameAmountCategory of Expense (look at a Schedule E to get this)/ or Revenue Type (Rent, Deposit, Utility Reimb, etc)Property (for when you have multiple properties.Put it in a nice column format like this:Date                     Vendor/Tenant                Amount                      Category                  Property1/1/18                   Joe Smith                         $1500.00                     Rent                           123 Main Street1/5/18                  Home Depot                   - $20.00                        Repairs                       567 Oak StreetSo that when you share your spreadsheet, they can filter for what they want.