To be considered a trade or business for the qualified business income deduction, all of these must be true:Your participation in the rental activity must be regular, continuous, and substantial.You conduct the rental activity with the expectation that you'll make a profit.The rental activity is conducted in the United States or Puerto Rico.Rental activities that are considered trades or businesses include:A real estate professional who materially participates in the activityA rental to a commonly owned trade or businessRental activities that aren't considered trades or businesses include:Rentals for less than fair market value (FMV)A lease agreement in which the tenant pays for real estate taxes, insurance, and maintenanceA vacation home that's rented out and also used as a personal home

Can we just end the lease like other regular tenants?

-- You will not find this level of service with a regular bank or credit union. 

If you’re talking in city limits you might have a permit problem because they are ridiculously annoying to work with for even regular construction, outside of city limits though, especially outside of allegheny county I assume you’d have an easier go at it. 

To get the most out of your networking, make it a practice to participate in forum discussions on a regular basis, go to meetups, and interact with other users.By actively participating in the BiggerPockets community and connecting with other investors, you'll be well-positioned to find your first cash-flowing real estate deal in 2024.

Also don't use regular drywall. 

Investors regularly quitclaim properties from their personal name into an LLC.

I think bad actors will always be around, there is a need for some consumer protection, but I think regular laws can do this.

They have regular income and they usually pay the rent on time - at least in my cases

My LLC for PM would be taxed as a sole proprietorship unless I had other employees, which would equate to being considered just another source of regular income for me, meaning the $1000 I paid would be taxed at my individual income rate (25%) for a total of $250, meaning I would still only keep $7500.However, if I had more than just myself employed by the LLC and made less than $50k/year, I would only be taxed at 15% on the money I allocated for PM, or in this case, $150.