For anyone else seeing this - Padsplits are a great way to cashflow and it's the only ways you can make rentals make sense with high leverage in this market.Evictions are more of a property management issue than tenant issue.

“Free Lunch” Aspect: Essentially, REPS does provide a “free lunch” in the sense that you can use real estate losses to offset active income now and still have future gains taxed at favorable passive rates.

That is, unless you have other comps that show differently.Hope all of that makes sense.

I think this would make sense in the long run for the rental property as it will extend the life of everything it touches like the Sink, faucets, showers, water heater, dishwasher, and Clothes washer while also providing clean drinking water in addition to the reverse osmosis drinking water system I already have installed.The main problem with this hardness level is that we get a major deposit buildup on all of these items, which will eventually clog up the faucets for tenants and lead to rusty shower enclosures that take forever to clean.In addition to this, it looks like we could likely have the salt added every couple of months by the property managers in addition to that it would allow for a quick inspection from them, and then also we would instead bill the cost of the service onto the ledger for the tenants.For reference, it does not look like the landlords in the area have water softeners.Thank you everyone for your input ahead of time.

I would have to see where you are at currently with things since we last talked to see what might make sense for you.   

If that makes sense. 

It makes complete sense, especially number one.

Run the numbers on your cash flow and see if everything makes sense if you cash out refi.

I’m just trying to get a sense of how common this issue has become and how other STR hosts in urban areas are handling it.

It makes no sense to me that you would need to advertise nationally.