I've always filed myself, very cut and dry profile...single, no kids, no LLC, W2 wage.

Then you notice there are dried stains all along the walkway.

(I think this is reasonable) However, $13500 for repair the area shown and other dry rots area.

Recently acquired, the balcony is in poor condition, characterized by aged and rotted wood.

Thanks @Bradley BuxtonI have done very cursory investigation of the Tahoe areas, but my understanding is that it is not very friendly to STR investment (e.g. limited permits and the potential of completely banning STR's).I currently have property in a mountain resort town that is close(ish) to a metro area so we have lots of WFH employees, but it appears that the market is drying up due to RTO policies. 

@Michael Dumler,  the first deal, the shakiness involved illness, but eventually with the help of my realestate agent my "deal" was transferred to another loan officer in the same company.This time, I feel like I am being left out to dry. 

From the videos I saw, you can see rotted plywood with holes in it underneath the shingles.

Weather, Texas is not only;y a dry hot climate but also has high wind, hail and thunderstorms.4.

SGFHs are terrible, terrible cashflow investments, and if you're making money on them, it's often because people are neglecting capex and the house is rotting or it's paid off any they just don't have the sense to realize that there are so many better investments than keeping the money in a house. 

It’s dry reading but it’s there.