So, after all costs your net is $2700/month.That's ordinary income.

If I left lawn chairs in an ordinary rental I'd just tell the tenant "you can have these" and not worry about them.

Our association keeps on top of legislative activities and "crackdowns" involving real estate investments, and we have not heard of anything out of the ordinary other than short-term rental taxes having to paid, the usual squatter warnings, etc.Good luck and happy investing!

If you currently have a rental in the area in which you are sourcing more deals, then we have an argument to deduct some of those expenses as ordinary operating expenses.

If you sell the property within 12 months, then the gain is subject to short term capital gain rates such are the same ordinary income rates.

I have three properties there that I self-manage from a distance, just like Vik said, once you're up and running there's very little time investment, it just requires having some flexibility to respond to messages from guests in a reasonably prompt manner, and the ordinary check-in messages etc. can be automated.

The broker didn't ask for anything out of the ordinary/suspicious, except to tell me that I would need to pay for the appraisal when it occurs (rather than at closing) bc it's done by a third party.

What I meant to convey is that  your experience with this particular agent is not all that out of the ordinary.

SDIRA's are no different than ordinary retirement plans, in fact they are the same structures.

First, if you're looking at fix/flip - those will be ordinary income.