Would love cash flow, of course, but if I could at least break even on a highly appreciating property, I'd be happy with that. 

So I feel it's not a fit for everyone.

“Depreciation” is a wonderful tax benefit over the course of 27.5 years, but unfortunately, it isn’t a tax break per se, merely a deferment. 

and of course thanks for the info!

I lost over $20k in opportunity costs while my money was tied up (important lesson learned but wouldn't fit below)Lessons learned?

We have a big place so it is families and groups.I do ask guests before booking if they are celebrating any special occasions and I will add some extra things to the welcome box that fits if I can.

If they don't contact us within 10 days, we can change the locks and take possession.And, of course, if you choose you can file for collections on them.

It isn't a big job but I don't want things to go south so I stay in it.Of course I practically live on this forum so I pass along any pertinent info I find as well as answer questions.

Quote from @Polat Caglayan: What do professional investors think about Detroit's course and future? 

But if your budget is tight or your home only needs minor updates, your real estate agent can help you think outside of the box by suggesting simple DIY staging tips to help your home look its best.Bottom LineStaging your house properly can make it much more attractive to buyers, but it’s not a one-size-fits-all solution, and every home shines differently.