They can write a contract and abide by your states laws.

Seems line only avenue is STR for a negative cashflow tax write  off, yes?

If you replace it, do not let the tenants have any say in what type or colour of carpet it is and BEFORE you get anyone in to measure or install, get it in writing that they will have the entire room emptied and make the house available at a pre-arranged time for the carpet installers.

I think it's less a function of people just love the burb life and more that people are priced out of the city as much so they're looking for the "affordable" option ... and that's in the suburbs.And I do think there are still some under-asking properties out there, but anything that's taken care of, that's a remodel (but not an obvious crappy flip), is going quickly now. 

@Rachelle Bisaillon too much to write, so below is a copy & paste from our website (this is NOT a solicitation!)

This post is for the STR investors who are looking to take advantage of the STR tax loophole which allows you to write off paper losses against your active income.

If I build a basement apartment, can I write off a portion of the expenses it took to build the house when I go to do my taxes for 2024?

That's a cute phrase until you have to write a check.

I know that is not always the case with functionality items for homes. 

Whether is taking his "course", paying for the self written articles about his success or aka writing "puff pieces", buying fake Instagram followers, sitting on FB marketplace trying to get someone to pay for a house they don't know is condemnable and pay to have DJ remodel it and DJ never completing the remodel,  him spending an enormous time defending himself in small claims court, and threatening charges on  people that don't know law so they pay what he wants.All of those examples came from either my observation, experience, or other peoples reviews of him.The guy rented me a condemnable property.