Any additional screenings or criteria should be consistently applied to all applicants to avoid potential discrimination claims.Rental application fraud can be a significant threat to the financial and operational stability of running and operating a property.

Design a clause in your lease that complies with both and ensures you are protected.

Gita,At least the way I prefer to do things is to only run accrual based accounting activity on my day to day operations.

The issue with section 179 expense is that you normally have to operate at positive income.Under most circumstances, bonus depreciation is better since you can take bonus depreciation even if you operate at negative income. 

Partnering with an experienced motel operator is a smart idea—it can help bridge the operational knowledge gap and mitigate risks.When evaluating motels, focus on metrics like occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR).

I host a group for midterm rental operators and I had 2 people in last week's meeting essentially say the same thing.

Hi everyone, Hoping to connect with someone who has experience renting to or operating residential care facilities. 

By the math of it, CA is making it impossible for carriers to operate in CA areas of fire risk.

As long as you're doing that, there's always a risk, and 50 years from now it will probably be illegal everywhere to operate STRs in residential zoning, just like it's illegal to operate a steel mill there. 

I do not know PL too much but I know it is the most popular for small unit count operators.