It's not any specific form, it's the regular monthly/annual report from your PM.If you're self-managing this project, then you need to give your tax guy a detailed list of your expenses.

Hi Fred,To be fully approved, you need to register the property specifically as a short-term rental in addition to the regular rental registration.

If you want multifamily then looking at new apartment construction in the area, is there an over supply or under supply. 

@Sean Minihan I always recommend you find a REI group near you that meets regularly.

Who is making money off this - other than the people that supply the Hemp...?

My family does regular checks and some of the neighbors send me pictures. 

Demand for duplexes has kept up with supply and then some.

He could sell tax free, you will pay regular income tax on the sales profit. 

Supply and DemandIn real estate, prices and rents are determined by the imbalance between the number of buyers and sellers.When there are more sellers than buyers, prices decline until there is a rough balance between the number of buyers and sellers.When the number of buyers exceeds the number of sellers, prices increase until there is a rough balance between the number of buyers and sellers.Rents follow prices.Higher prices reduce the number of people who can purchase, increasing demand for rental properties and increasing rents.Lower prices enable more people to purchase, decreasing demand for rental properties and decreasing rents.What determines demand?

After much discussion with my regular contractor I got him to realize that if he does the project instead of subbing it out it will only cost me about $7K.