Hey Mike, I have 12-doors in Detroit and 3 of them are Section 8. 

I got to 30 doors and left my W2...however, realized that landlord income is not the best way to survive.

You see this often in Chicago high rises where they use a less thick countertop.At the end of the day, you aren't saving a ridiculous amount of money, so like anything it helps when you are doing it at scale.What is your future vision for your Short Term rental business?

Let me put it this way.  1 year of coaching for me-  136 doors later...

I have four doors that are rented to section 8 tenants.

You can deduct the cost of labor and parts to maintain or repair your business assets, as long as the expense doesn’t prolong the useful life of the asset or increase the value of the asset.Tangible Property Repair Expenses That Are Deductible:Replacement of LightingRoof repairsResurfaced external or interior floorsResurfaced parking lotsInterior or exterior paintingReplacement of doors and windowsRekey locks

I finally decided to close the doors mainly because the unit used was not available anymore, but also because the regulations got stricker and stricker over time.Now, if you want to use your 2-4 as an STR, you need to show proof that you are living in the unit you are renting by sharing a government-issued ID with that exact unit or your tax exemption form.If you have a building over 5 units, it's a bit easier but still challenging ( you can rent up to 25% of the units out for airbnb)...the few people I know that are successful are NOT the owners of the building, but more so the operator of the airbnb unit aka str arbitrage

He suggested repairing the fireplace bricks, redoing the bathroom floor, vanity, all doors.

That way you can meet all types of connections to get your foot in the door.

With Shelly on edge, I knocked on the door, prepared to negotiate with someone who didn’t know us and wasn’t necessarily open to leaving.