AirDNA includes the total nightly rate + cleaning fees and does not deduct any ordinary business expenses or otherwise

You might have more passive income next year and you can use these losses or if you ever dispose the property your losses will be suspended and can offset your ordinary income. 

Then your profit is just like any other ordinary income, and is taxed. 

It also does not have a deck/patio or a fenced-in yard.

I'm sure it happens, but ordinary break-ins are significantly more common.We do get tenants from out-of-area that are concerned about crime.

I would love to hear from some experienced midwest multi family owners who have replaced windows and sliding patio doors on apartments with electric baseboard heat, and if those improvements made a significant dent in winter electric heating bills. 

Home also has an enclosed patio area.

It was evident from the beginning that American’s unforgiving workplace and healthcare cultures would place the burden of the pandemic on ordinary workers’ shoulders.

Yes this is my first time I am trying to fix rotten wood instead of replacing it Art Allen yes I would prefer to replace it but it is a funny situation right now: imagine, we just replaced all flooring and all the sudden from the basement I noticed the piece of subfloor or something under it facing to patio with bad rotten spots.

The fact the ordinary income is from a PM business is irrelevant.