As long as this already hasn't been done multiple times.

When I listed it I adjusted the rent to be a little higher than the comparables in my area, because it was one of the nicer ones in the area but I can't seem to get a renter. over the last 26 days, I have had 46 inquiries and 14 applications, of those 14 applications about 5 of them passed the background check and credit history check. some of them I could not get ahold of their employer or landlord which was a red flag for me. 

They cannot be expect to know how long certain maintenance tasks require.

You can find details on that one here: We meet on the last Thursday of every month from 6-9 PM at different locations around Longmont.

Usually the depreciation is enough to shelter your income so that you pay little to no tax, at least on a new long term rental. 

I do have liability umbrella insurance, but I want to set up a better business structure for long term growth the correct way.

We have a long list of requirements and I've never once in all these years had someone meet every single one of them.

If you're looking to hold long term, and want to add value and cash flow, then I would consider adding the unit.It will take away some buyers, and you would need to work with your lender.

I found one after some difficulties and we’ve spent about 20 hours getting my last years books done and this years books done to date.

This not only adds to the project cost but also a long delay in delivery time.