Certainly doable, but be ready to grapple with the competition.If your goal is simply having an income-producing part of the property, another option is to look for a home with a basement apartment or carriage house.

I don’t pay the seller for the work I am going to do to get those pads producing.

A lot of newer investors try to use cap rates, which value a property based on the income it produces, as a way to value a property.

Last year for our FL properties VRBO produced 55% of our bookings, Airbnb produced 15% (increasing each year) and the rest was produced by Homeaway (9%), TripAdvisor (7%) and repeat guests (14%).Last year for our CO property VRBO produced 64% of our bookings, Airbnb produced 2% and the rest was produced by Homeaway (11%) and repeat guests (23%).I find the differences between the two locations interesting. 

From Biz findings "For losses of trade or business property, or property used to produce rentals or royalties, once you've calculated the amount of your loss and subtracted the amount of your reimbursement, the remainder is your deductible loss (or gain)."

In one of ruling  IRS stated that The participants must reserve the right separately to take the property or dispose of their shares but may not jointly sell the property produced. 

It’s a triplex that produces $1425 in rent.

Solar does not produce the amount of wattage necessary to run a electric stove . ( especially in the winter when its dark at 5 pm.upgrade the service 

If you keep shoveling in coal(dollars) it will produce ALOT of heat and keep you very warm, but when you neglect it or can no longer afford to give it coal, its gonna seize up and die.

From your description, you have 134k in equity controlling 330k of home value and producing $1,300/month in rent.