I don't need you to explain anything to me and by the looks of your reading comprehension ability, I don't doubt that many things need to be explained to you in your daily life.

See, if you've done right by your clients there lease is iron clad and has some nasty teeth in it.

Set aside so much cash for daily needs. 1 or 2 years living expenses.2.  

With no allergies to hold me back, I enjoy an active lifestyle, making exercise a daily habit.

Though the bathroom can is a cultural taboo in the US, people put waste from baby diapers in a can daily and don't bat an eye.

I haven't post a vacancy on Facebook market place for about a year or so...it use to generate 100s of inquiries/responses daily, but I posted a vacancy a week ago and it hasn't generated a single inquiry.

The key factor is ensuring the property qualifies for favorable tax treatment by adhering to IRS rules regarding short-term rentals and material participation.For the 7-day rule, the IRS requires that:The average guest stay must be seven days or less for the property to qualify as a short-term rental.If the average stay is 30 days or less, you must provide substantial services similar to what hotels offer, such as daily cleaning or concierge services.Regarding material participation, to further classify the income as non-passive, you must meet one of the following criteria:You spend more than 500 hours actively managing the rental in a year.You manage the business yourself and spend at least 100 hours, with your involvement exceeding that of any other person involved in the rental.Please note there are actually 7 ways to qualify, the above two are the most common.

Daily finance reading is boring.Want a successful career?

Good PM's have to defend themselves on the daily because goof ball owners have no clue of what they are doing, look at the lowest price, and pick terrible PM's. 

This includes (but not limited to):-Quiet Hours-What spaces can and cannot be used-Guest policy (make sure to limit days in a row and in a month)-Pet policy (even if you don't allow pets, if someone has an ESA animal, it would be good to have guidelines in the event they surprise you with one, otherwise you are SOL and of course take into consideration fair housing laws)-How is trash put in the cans (in bags, not just thrown in) and when can trash cans be taken to the street and put back-How is the late free structured (one time flat fee or a daily fee)2.