Also, if a tenant moves out without turning over keys etc, there is a court action similar to eviction in my state where the judge can award possession by declaring the place abandoned by the tenant.

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

I have never chose them as I found similar coverage cheaper. 

We had similar situation and just installed a pocket door.

What you described is exactly how I feel about our market; actually the numbers are quite similar. 

Origination fees and other similar fees are typically treated as active income and are subject to SE tax.

Other tech giants have already announced similar, or hybrid 3-day work weeks.

I explained to the seller that my offer contained a substitution of collateral clauses and I would be exchanging the note they held on the subject home with a note of similar principal and interest secured by a different property of greater appraised value.

Accountants in a similar situation probably have some advice that can help make sure you set yourself up from a software implementation, bookkeeping, lender sourcing situation.

So the enemy method is the way to get a good idea.Check AirBNB and VRBO and see what similar properties are doing in the area.Also, Louisville recently tightened up the rules around STRs so check with the city and make sure you are good to go for a particular property.