However, with our current low interest rate and rental rates for our neighborhood we could also cash flow appropriately $1000 per month, keep it and allow for further appreciation over the next three years until we would need to sell to capture section 121 tax exclusion.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

Send him his itemized status of deposit within 21 days with your list of  charges, receipts,  Include any damage. and unpaid rent.

We may do something like this in the future so that we don't have to deal with the chaos of getting a new one when these items wear out...usually right in the middle of a guest stay.  :-)Hope that helps.Mike

They tried to negotiate hard most of the time threatening they will take legal action by saying few items were not disclosed.

There is a bill currently in legislation in Hawaii County that is changing several items that affect rentals.

My rule of thumb is, plan for the worst case scenario on every item. 

@Michael Plaks has a great post on this topic.2 - Assess the value of those tax deductions to you: The value of a deduction depends on (a) whether you're actually able to use it to reduce taxable income and (b) your marginal tax rate.As an STR, assuming the average rental period is 7 days or less, key items to consider are: (a) material participation and (b) avoidance of "excessive" personal use.

Below are the primary sources for each information item.Property value and offer price: experienced agentRent range and time to rent: property managerRenovation item list: property managerRenovation cost: renovation company the team works withAntonio, reach out if you have questions.

They are not cheap and obviously require some kind of cellular plan, but I was able to get them to work using Mint mobile (you need a phone to activate the sim card on first, like an old iphone) Ive had 3 of these up watching a property in Cleveland, OH for well over a year, and Ive only had one issue where I needed to go check on the camera itself, (the plug for the solar panel came disconnected and just needed plugged back in) This camera in particular is nice because its actually 2 lenses that capture the full 180 degrees, so one cellular plan for "2" cameras.