It's not easy work but I enjoy finding the 'gems'.

Write down your comments! 

Hey @Keith Freie At the time that I am writing this post, I just finished with The first day of a three day event put on by Aspire where Eddie Wilson talked about buying businesses.

But secretly I do enjoy his TDS! 

Here's what we require to do a Payment Plan:1) Tenant MUST put in writing specific payment dates & amounts2) Tenant MUST provide us acceptable proof of income to support Payment Plan3) We put their proposed payments into a spreadsheet that includes their current past due balance and future rent payments--- Many tenants only focus on their past due balance and forget about future payments!

Also, Pool amenites such as pool basketball, Four square, Giant Jenga etc. help guests imagine themselves having a Florida experience with their own pool on vacation.In short, in a saturated market find a way to make your home exceptional, and you can generate decent income while still enjoying the home with your family.

If you want the quickest tax write off, it is tough to beat. 

On the other hand, I want to be able to enjoy this place too.

I enjoy the book - it gives a great overview of the STR world and specific details on how to get started. 

Even with tax write-offs, you’re still paying to own this property rather than it paying you.You asked about tax benefits—yes, rental losses can offset other income if you qualify (income limits apply for passive losses), and depreciation helps, but that doesn’t turn a bad deal into a good one.