If they buy something for your property and you pay them back, it’s just like you bought it yourself—so you can count it as an expense in your bookkeeping.If they don’t get reimbursed, then technically it’s a gift/donation, and you can’t deduct it as an expense.

Went for sale so I jumped on it.

No problems with rust but do have to deal with hard water; they have a chemical treatment called a pillow that takes care of that.

Thank so much! 

So if, for whatever reason, laws change and you can't rent it out on Airbnb, etc, it still cash flows if you need to rent it out to a traditional long-term tenant. 

Hi @JJ Lunsford, thank you so much.

I am originally from Tyler, Tx. so am familiar with the area and frequent there often.

If so, what would have the highest yield?

And I was living below them so it made it tough as I was going through the eviction process with them.

If so, what are the time requirements for construction?