There are some extra costs in there for added mgmt, cleaning, supplies, utilities but it's still outperforming year lease numbers.Our other property on Jersey St has very funky layouts... there are 4x3/2s. 

Last year, I was able to bring in enough revenue to cover the mortgage and all of the utilities with a little extra to spare. 

I have a fair amount of equity in the home I'd be more than happy to pull out and utilize! 

I manage large commercial and industrial properties now for my employer, I am a facilities manager for a large utility company in my area.  

The Program utilizes forgivable loans called "Deferred Payment Loans," which require no monthly payments to subsidize the required costs of rehabilitation.

Ideally, we would just like the tenant to move out, regardless of the new rent or not.We have changed our mailing address to the property and have the utilities in our name, but are currently living with our in-laws while we renovate the first floor.

If the goal is asset protection utilize bankruptcy protected assets such as retirement accounts, homesteads, private annuities, etc; an asset protection “plan” that utilizes limited partnerships, foreign asset trusts based in Nevis or the Isle of Mann, or renounce your American citizen ship and move assets to Lichtenstein.  

Maybe you can approach with a combination of selling the lowest performing or least desirable asset(s) and utilizing some for cash out towards reinvestment? 

so really there asking if you pay the electricity, unless the unit comes with no a/c. then the answer would be no. lolthe unit comes with a central AC. we said, "again, tenant pays all utilities". lol

However, I am seeing posts here that many people utilize their short-term rentals for RE status by using Schedule E.