Renovations are high cost items 

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

I know they mean well and try to frame it this way in my mind, but getting financial advice from someone who is copelled by food is maybe not the best idea.Instead, offer $300 for an hour of their time.

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.