Well well well, now all you gotta do Carlos is figure out how to mitigate that transaction fee component and you got something.

Perhaps I should refinance the home (my current interest rate is at 3.9%)...perhaps this would mitigate cash flow losses due to higher "landlord" insurance.

And raise your base line credit requirement. 600 is way too low regardless of your class of property. 650 should be a absolute bare minimum to mitigate your risk.

I have a great deal of experience in Investment Operations, I Make important investment decisions and ensure the client's investment doesn't depreciate and I regularly consult with Insurance companies, CDFI’s, Banking, & Credit Union Institutions to mitigate their exposure to risk.I have portfolio operations experience with Real estate and mortgage backed securities portfolios that include different types of properties in a variety of regions and markets.I am comfortable managing the cash flow from properties within the portfolio.

If you do any mitigation while they are there this needs to be something they pay for directly which may be a good incentive to stop.  

It can be easy to overwork yourself, however there are definitely many steps that you can take in order to mitigate taking on tasks that you can easily hire out when your time would be better used elsewhere. 

They can also help you identify potential issues and offer suggestions for mitigating risk.Hope this helps and let me know if you want to discuss this topic further!

@Rob K. you might like this article written by the Journal of Accountancy on 199a safe harbors and Real Estate. https://www.journalofaccountancy.com/news/2019/sep/rental-real-estate-safe-harbor-qbi-deduction-201922135.htmlWealthPRIME is a very good tax mitigation company who also specialize in 199a's.

If you are not experiencing a loss via real estate, you may want a second opinion if your returns are done correctly.I find it that most rentals operate at a tax loss unless you are purchasing really low-priced properties that cash-flow really well.Even then, there might be ways to mitigate reporting positive rental income.

I have charged smokers up to several $ thousand for odor mitigation and lost rents.