Quote from @Ricky Reddin: Hello,This is my first post on the forum and trying to get some guidance on a situation.

They post their rooms on the normal hotel, discount site, etc.

The data @Devin Conley posted is pretty solid from my experience (I do not know Devin nor how he sourced the data, just going by my own investing experience).  

@Julia Lyrberg First I want to thank you for taking the time out of your day to reply to my post, it means a lot!

Make it your business practice to post the notice to pay or quit precisely on the day after the grace period ends, every time.

Section 179 deductions may apply to assets directly supporting your business, excluding personal-use components.This post does not create a CPA-Client relationship.

First post, no idea what I’m doing, lolMy grandfather passed away and left me his condo, which is fully paid off (and located in a seniors residence) It’s worth approx $500,000 (CAD).

For added liability protection, consider setting up an LLC for the rental, though this may have limited impact if the mortgage is in your name.This post does not create a CPA-Client relationship.

Per my original post, "The Pitch".

Quote from @Devin Slone: I live in Huntington and was looking for local meetups to go to and I just stumbled upon this post!