Consult a tax professional to optimize deductions and explore strategies like Real Estate Professional Status or short-term rental loopholes to apply depreciation to non-passive income.This post does not create a CPA-Client relationship.

@Jorge Caceres I don't normally monitor for open windows but had another tenant mention it after which I did.

Long-Term takes the least amount of time, Short-Term the most.Unless you have the time & discipline for this, SELL.4) If you sell, would it make sense for you to re-invest in other rental properties?

In a very short time you will be able to see a very nice prportfolio building.Best of luck on your road ahead.

I was just on their website looking at the permit process:CityofSac-STR PermitLooks like 90 days max until you get a conditional use permit but still reading as it seems a little unclear:A short-term vacation rental may operate from a location that is not the operator's primary residence for a total of 90 days in a calendar year.

Whether it’s buy-and-hold, fix-and-flip, or short-term rentals, there seems to be a lot of potential here.For those already investing in the area, what have you seen?

They can include foreclosures, short sales, or properties owned by motivated sellers.

Any contractor recommendations or lender suggestions for short-term financing?

I assume you got a better interest rate, and I know you are saving a boatload of interest. 3) imagine year 11-30 where you are cash flowing thousands with paid off properties instead of hundreds because of these lean 10 years. 4) hopefully you can raise rents at least $100 each every year and in 2 years your cash flow neutral even with preferred short term mortgage. 

Some similar phone numbers and such to other short term companies that other people said were scams.