He contacted an attorney, who finally got clarification from my attorney as well as the county recorder.  

Finally, even as the landlords cash flow increases, depreciation should keep a major portion tax deferred. 

It was a slow process for me, but I finally hit that 10k/month goal after 6 years.

Ideally, you want something in writing, but that is probably unlikely since no one will want to stand behind a not-yet-final number.

Context: I just moved to Portland, OR and finally decided to pivot careers from healthcare into real estate.

@Diana Teng there are a LOT of potential pitfalls:(So, it's vitaly important to not just find someone that you think you can trust because they tell you what you want to hear, but you find someone that their processes seem a good fit for what you want.EXAMPLE: we do BRRR Turnkeys for clients and take numerous vides we share with them - initial, worst state of any demo, when HVAC, plumbing, electrical update BEFORE walled in, before any major payouts and of course a final walk-thru video.One thing that's accurate from all the HGTV renovation/flip shows is that you should expect and plan for surprises!

Finally, short-term rentals can offer potential tax advantages, as many expenses associated with the property may be deductible.

She finally agreed that it could work. 

Then one of their coaches threatened to back out but the student finally was able to get through to Tyler, they worked it out but now they need even more money for the contract extension.

The supply of rentals would be impacted, but the final impact will depend on the local market.