The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.

For structuring your business, consider whether you actually need an LLC or if umbrella insurance might be a simpler alternative.

I'm assuming you are arriving at your cash flow number by applying Gross income - cap ex, maintenance, utilities, vacancy, tax, insurance, mgt, landscape/snow & Debt service?

It’s humiliating to call customer service who has no idea what is going on and can’t quite transfer you to property manager.

I'm data driven and would love to immerse myself in IL, AL, MC specific property, demographic and investor-centric data sources the same way I've done in my previous area of focus.

It also negates the need for insurance - although that isn't our MO. 

.$275000 with 25% down, taxes $4080, insurance is 3000 yr and rents is $3800 month, Water $400 mth. 

I've had some not happy when I have asked them to split it out.I've tried asking questions to the IRS customer service reps, and didn't have the best luck.While I cannot cite a specific official guidance on this issue, I consider debit cards exempt.

Be sure to hold a hefty reserve to handle on-going maintenance, capex, taxes, and insurance.

This allowed us to maximize revenue and occupancy more effectively.Safely Insurance: We also decided to use Safely Insurance, which provides comprehensive coverage for guest damages, liability, and protection beyond what Airbnb or Vrbo offer.