Sometimes its their visiting family and friends that do the damage, and turnover is costly (and can be unpredictable).A broken window glass is not something I'd consider out of the ordinary for rental.

Given that wraps dont have the benefit of all of these deductions, a typical wrap providing me say 5% interest and $350 a month looks way less appealing when the $350 is taxed at 42% ordinary income level.I like the idea of wraps because once you complete the deal you are 100% free to move on, mostly forget about it and acquire more wraps. 

You're allowed to deduct all "ordinary and necessary" business expenses, which labor certainly is.

Does the sale get realized as LTCG or ordinary income?

Most expensive and would be a nightmare since I would have to dig up a concrete patio and a crap ton of rootsC) no dig pipe repair: Has anyone ever done this? 

I was wondering if this was out of the ordinary.

They make money if you keep them rented.Also be aware that if you are claiming up to $25K loss against your ordinary W2 income, you need to actively participate.

Yes, there is new construction in both, here are the 2019 numbers:Franklin: 21 new singe family homes from $416k to 595k built in 2019 - the lower price points typically just include rough grade, so you still have to pay for topsoil, finish grade, lawn, driveway, patio and front walk way - setting you behind another 50k at least.Oak Creek: 5 new single family homes from 359k to 517k built in year 2019.

A deck/patio over 18" above grade needs railings and pickets of some sort to keep kids safe. 

If you did AirBNB, that would be ordinary income and fall on your Schedule C.