I'm wondering what tools and resources you all use as rental owners and investors to get or keep your financial ducks in a row?

Appreciate your thoughts and suggestions!!

I was wondering will the insurance cover the cost or no because no police report?

Looking to start a granite and counter top business and was wondering if anyone has done this?

This is a good way to get underwater real fast.This is an unwise suggestion. 

Question: I am wondering what are some things you've done in the past at your short term rentals to fill the vacancies during your slow season?  

Just curious on possible strategies or suggestions from anybody currently thats an agent in the Central Illinois or Chicago area.

Quote from @Chris Seveney: I wonder what the OP's true motivation is for asking this question. 

As a former house hacker myself, I'd suggest you try not to get too close (in terms of friendship) with your tenants - the tenant/landlord relationship can make it tricky to become friends.Do you have a price range or down payment amount that you're targeting?

Alternatively, yes you could sell, pay taxes on the gain, and use the proceeds to help your mom directly.Would suggest for you to talk to a CPA and a 1031 specialist to confirm your best move!