Our normal rate per night is $475. 

You might be thinking that you can pay it out of your normal job's income.

Those normally always end in evictions if you screened poorly.

In vacation markets, I'd be a lot less concerned about changing rules on Airbnb and would expect stronger appreciation, versus in a normal city.

Step three is to review the cost - if our normal plumber is less we reimburse the tenant for the lower amount.

Money can be made of course but you may have to wait a long while (3-5 years seems to be normal).

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.The Cost Segregation Study was performed on the Asset Depreciation Range (ADR) and is based on a 40% tax bracket for State and Federal Taxes.

That normally occurs when the prohibitive zoning is geared towards preservation and open area.  

@James Wise I was just listening to your podcast in my car and I was thinking "ah man, he didn't welcome me!

An example would be that my market is predominately a SF rental market, duplexes are normally in lower end.