I am hear to help in a way that I can Jordan.

I run an air BnB out of my home in Southern Vt And I own 2 condos at Mt Snow. 

Quote from @Jordan D'Silva: Great question!

Air BNB allowed.

Quote from @Pradeep Roy: @Jordan Ray - thanks for the info.

Quote from @Jordan D'Silva: As someone who works in the DFW area, I know firsthand how the right location in Texas can make a huge difference in your success.

In our property, the house was open to the air in the damp environment of coastal Florida, no heat or A/C at the house.  

& different parts of the asset can be depreciated on different schedules.To find out the useful lifespan of each component, you do a cost segregation study to analyze all of the parts.The raw land can't be depreciated so you start by giving that a value first.But other items can be depreciated on a quicker timeline.A roof, road, sidewalk, fencing, walls, gates, doors, latches, flooring, air conditioners, pavers, curbing, landscaping, etc.The IRS has a depreciation schedule for each type.Some parts are 5 yrs.

In which case you are likely better off going to forced air.

We still get these blasts of arctic air when the yet stream is looping south and it gets really cold, but that's a week or two of really cold temps and not a sustained winter.