So, my question is using "involuntary conversion provisions" prevents you from doing partial disposition, recognizing a loss for remaining depreciation on the old roof, and depreciating the new roof?

(Perhaps starting out with a little contrition and modesty would help prevent the zuckerberg effect.)Trying to automate property management via a start up/app/web/tech approach is laughable.

@Suzanne Player If you want a counterpoint, I navigated a major claim not long ago without a public adjuster.

And most of the damages a guest will do can be covered by these str booking sites insurance.Your budget will prevent you from buying homes in some of these big cities or vacatation areas with tons of str's. 

What you call guaranteed income is what I call a lot of stress and governmental requirements to get the same or less rent than if you did a good job finding a property and put it up for rent on the open market.Section 8 rentals are for investors who want to keep replicating that strategy in the same area so they know all the regulations and all the players.

Originally drafted to prevent landlords from using security deposits for cleaning or repairs, the bill was amended after opposition from the California Apartment Association (CAA).Landlords will now need to photograph rental units before tenants move in, at the end of the lease, and after repairs or cleaning.

Identify the key issues and buy new or do preventive maintenance. 

I'll for sure need an architect and lawyer amongst other players.

There is no way to prevent an IRS audit from happening, despite the hyped-up claims of some tax firms.

.: She is trying to hold you hostage, hoping you will let her go without penalty.I would give her a written notice that she is responsible for rent until a new tenant takes over or her lease ends, and she must maintain the home and prevent any damage.