The $1,500 net cash flow you mentioned represents a tightened rental return that could provide consistent passive income.

But what it does provide is a framework.

Note I have no affiliation with them except I use them and they have provided me a great VA.

The airfare, though, is usually 100% deductible even if you mix business with some pleasure.

Could VRBO users from Michigan provide some clarity about the topic of sales tax/lodging tax collection and payment to the state.

It's not illegal provided you're dislosing it to all parties and not trying to actively hid it.

@Chris Agun - I love the flexibility that a HELOC provides. 

What value is expected or provided by an agent who specializes in multi-family residential, not commercial. 1-4 units.

This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.

I would provide the capital and otherwise stay passive, but hopefully grab better profits than private lending?