Enjoy!

However, if the renovation significantly improved or upgraded the property, you might need to capitalize it as an improvement, depreciating it over 27.5 years.If this was STR, you could write off the improvement under bonus depreciation as well.

We write our leases to expire late spring or early summer.We had an Escondido tenant break lease moving out Dec 31 (terrible time).  

I provide them with the rent amount and they write a check in their name.My wife and I with my VA disability make $64,100+$88,608+$17,840=$170,550 or $14,212 a month or less.

Not related to it being too far away, I did not really enjoy the Gatlinburg/Pigeon Forge area so much.

Some other measure.... or some combo of the above or any other fair & equitable method appropriate for your situation.As long as it's easy, clear and well-explained in writing - and plainly laid out in the Tenants' leases - it will be fine! 

In many cases, it’s possible to address the issues and enjoy passive rental income again.However, selling may be the best option if the problems seem long-term or too costly to resolve.5.

(B) That everyone currently doing STR in the market loves it, enjoys what there doing, is having a great time, has the free time to do it, is loving life and not stressed out, time crunched, anxiety ridden and generally stress wracked. 

That way it can cover any mortgage, monetize and when you want to come down just remove the listing dates and enjoy.

Enjoy low tax cashflow year over year5.