Also, what if you spend thousands of dollars on a brand-new DADU, only to have the seller reaqcuire the house?

For me TX is over-built.

Clean water, air, peace and sunshine are nature's remedies and in over-abundance on the Oregon Coast. 

Hey I am an agent in Salt Lake, if you haven't already run comps feel free to reach out and I can send them over to you.

Also, my income is over $150,000.

When a rental is taken out of service for personal use the accumulated depreciation goes away over a short period of time. 

Based on the development expected over the next decade, I believe it's a great area to invest in. 

Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck 

If it wasn't housing, food, or transportation, I didn't spend money on it. 

This approach avoids downtime and lets you start earning right away.Future Bookings:Taking over bookings can get tricky since Airbnb doesn’t allow direct transfers between accounts.