They are far better at tenant selection than the average landlord that screens a few people per year.Efficient Rent Collection & Enforcement: I spend a ridiculous amount of time answering questions from investors that have no idea how to handle late rent, unpaid rent, and other pay issues.

The general public thinks of “notes” as a passive investment collecting interest every month until maturity.  

Quick math says you're collecting roughly $420/mo in cleaning fees.

As a co-host for short term rentals, you may not need a license as long as you're not crossing over into activities that could be considered brokerage activities like handling any contracts, collecting rents, doing any accounting, approving tenants, etc.

I've collected thousands in security deposit from my guests who've caused damage.

I have REPS by actively and materially participating in my rental property portfolio, and also work as a real estate broker full time (1099 collecting commissions through a single member/purpose LLC) from buildings I sell.My losses from my rental properties (LLC #A) largely offset any federal and state taxes from my brokerage business (LLC #B).

Theoretically, I should be able to collect the funds from the deal, should my family member decide to go through with the deal.

By February, the median home value dropped 20 percent, bringing the price down to $560,000.TKL found there are now nearly 8,000 homes listed for sale in the Washington, DC metro area, and almost half of them have been put on the market in the last 30 days.The tax-collecting Internal Revenue Service is preparing to fire thousands of workers next week"***************************************************************************Comment: Save The IRS  - said no one, everIn the last year of our marriage my ex wife spent $150,000 on clothes.

They will handle the collection and distribution of payments, amortization, escrow accounts, and any tax documentation. 

I've heard that renting by the room can be a great way to boost profits, since you'll end up collecting more in total rent than with a traditional lease.