The key IRS provision that governs this is in Section 469, which outlines the passive activity loss limitations.

Anyway, after appraisal we were able to insured the property with Universal company, I recently got a letter that my policy was going to be cancelled due to the condition of the roof.

The government has set it up so that if you use some good accounting strategies you can avoid payment of tax for your life. 

Mitigation Strategy: Investors can focus on property appreciation if rent control policies lead to rising property values due to high demand and limited supply.

We have a very hard core policy on smoking / vaping, screen shots below...

Sounds like too many cooks in the kitchen, and no solid systems or policies in place, along with different menus. 

I do have a builders risk policy.

While I believe anyone can joing CU's (unless they choose to stay private) they could have special considerations, like government employees/servive members where collections are a walk in the park so to speak.

Here is the breakdown: origination charges, appraisal, title fees ($4.3K), taxes and other government fees ($4.7K), prepaids including insurance, interest, taxes ($2.9K), initial escrow payments ($1.8K), other including realtor admin fee and owner's title insurance ($500).3.

We have perfect feedback and Premier Host, and allow Instant book, but do not have a liberal cancellation policy and have some rules in place (4 day minimums, for example) and are not fighting the cheapo battle, and we tend to get somewhat buried in the search rankings.One of the things that really burns my *** about VRBO is that they allow the property owner to self select the type of property that it is rather than forcing it into where it belongs.