Your debt % is 50%, therefore, 50% of the net income (income after expenses, including depreciation), would be subject to UBIT.

I like the idea of using FutureStay for a stand alone website and getting included for Google travel. 

.• Have no more than three bedrooms at the property, which would include the homeowner’s bedroom.• Be located at least 660 feet from any other short-term residential rental, as well as 2,500 feet from a resort hotel.• Be in a zoning area that allows short-term residential rentals.• Have written permission from your Homeowners Association (HOA), if applicable.

In August 1999, TREC amended Section 535.20 of the TREC rules to provide that for purposes of that section, the term "valuable consideration" includes, but is not limited to: 1) money; 2) gifts of merchandise having a retail value greater than $50; 3) rent bonuses; and 4) discounts.

Are landlords paying water included in the rent in other buildings for the area?

Included in 10% MNT

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

@Henry Lazerow you should include the city where this 4-unit is located.

Not including closing cost.My only goal with this first property is to position myself to get a second property.

This might include your permits, proof of substantial rehabilitation and other relevant documents.