As a passive activity, the income is NOT subject to payroll taxes, you can take a depreciation expense, you can participate in a 1031 exchange, take long term capital gains tax treatment when you sell the property, and if you decide to carry back some of the financing when you sell you can use the installment sale tax treatment.Additionally, you can deduct all the expenses of owning and operating your rentals from the income it generates.

Basically, if you have 2 homes on the neighborhood that get investigated several times of the year for illegal dumping, abandoned vehicles, vacant board orders, or high weeds/grass... it's probably a more distressed area.I also walk the street on Google Earth to ensure that I'm not across the street from a metal recycling facility, railroad tracks, waste water treatment center, landfill, trucking warehouse, etc.Another interesting look is to use Google Maps to find all of the Starbucks in town.

ozone machine is used in hotels, after a fire, basically helps neutralize offensive odors. you may be able to rent one at equipment place.Machine is on a timer, you set it leave and 12 to 24 hours later go in and see if it needs another treatment.

Its not the reality at most restaurants and hospitals for a patron to go inspect the premises before dining or treatment - It is overwhelmingly common for a tenant to view a rental before electing to rent it - by choice. 

There are plenty of threads on how unhappy we all are with Airbnb's treatment of hosts around here: forced 100% cancellations, the new 40 page cleaning manual and 24 hour between guests suggestion (although guests will be able to see if we are subscribing to that suggestion so it's not really a suggestion), and the insulting bone we have been thrown with the 25% of our existing cancellation policy direct deposit too little too late.Some hosts I know are snoozing their Airbnb listings in protest, some are taking measures to push more bookings toward other platforms and direct bookings.

@John T. try this;One idea that I have read about, but never known anyone personally use it is this;Depending on tax brackets for ordinary income (interest) and capital gains, adjust price/rate as needed for best tax treatment.

But yes, any lender that is predatory, banks, credit unions (not so much usually) mortgage brokers, HML types, or anything left over needs the same treatment.

The sale of a security is specifically exclude from 1031 Exchange treatment.

Maybe you will manage it yourself (if allowed, some localities requires special licenses for this sort of rental), but it will take work on your part.If you use a rental property more than 14 nights a year (IIRC) you lose the "rental property" treatment.

I've never been a fan of actually owning real estate in the IRA since you can't take advantage of all the favorable tax treatments that you get by owning real estate.