A rugged renovation (move walls, replace wiring, holes in roof) will likely require hard money or a renovation mortgage, while a light renovation (paint, replace flooring) won't require more than a regular investor mortgage.  

Assuming there's depreciation recapture, will the depreciation recapture and the final distribution amount be reported as regular income?

I called my regular dumpster company and several others and none of them would take them.

@Julian A Beeks hosts it, and has good insight.

Or get them vacant now and wait for rents to go up before you register with the city housing office.If they haven't figured out that they need to register housing units and inspect them regularly, they will.

The company you mentioned is one option for self-directed accounts, but there are several others who post regularly to these forums who could also help.

I said I am not raisng your pigs in my backyard, I never accepted to be their host.

By attending meetups on a regular basis you will create relationships, and relationships are the backbone of real estate investing. good luck

So that being said, can ipartner up with someone who can sign up on airbnb as a host to rent my bottom portion of the home?

@Carson Wright Hi Carson, while others may disagree with me I’d personally say that while you’re starting out unless you’ve got a bunch of assets elsewhere you’re really fine going with just using your own name at least for rentals at first and having enough insurance coverage in the form of your regular homeowners and an umbrella policy for probably $1,000,000.