One thing you might find beneficial is that Stessa now integrates RentPrep directly into their platform, offering robust tenant screening options.RentPrep through Stessa provides three distinct screening packages, each delivering more comprehensive search capabilities than typical screening services.

It typically pays out actual cash value (ACV) for damages.DP-2 (Broad Form): DP-2 policies provide more comprehensive coverage than DP-1, covering additional perils like burglary, freezing pipes, and falling objects.

While STRs often have quicker turnover, screening can help reduce issues with property damage, chargebacks, or problematic guests.If you're concerned about high-risk guests, you may want to use a third-party screening service that pulls comprehensive reports, including identity verification and past rental behavior.

I use a VA I've trained for over a year and she has good comprehension.

@Nate McCarthy I think this could be a great opportunity if approached thoughtfully.

Evaluating these aspects of the family is the landlord's responsibility, necessitating a comprehensive tenant screening process.One of the most overlooked yet critical components of tenant screening is verifying the family’s payment history.

As a landlord you might want to go with a cheaper "named perils" policy instead of a comprehensive homeowner policy.I guess the good news about your HOA fees is that you're not being hit with an assessment in addition to higher fees. 

Private money brokers can add value by thoroughly vetting lending opportunities and prioritizing client success over commissions.Stay Vigilant:Protect yourself and your clients by remaining vigilant and conducting comprehensive due diligence in all lending activities.

This approach provides both security and potential upside in a deal.

Consult with a qualified tax advisor who understands these limitations and can help develop a comprehensive strategy aligned with your specific situation.Remember: The best tax planning looks beyond immediate deductions to your complete financial picture.