In return for full service management, Homeroom take 15% off the revenue. 

Assuming 25% of your property is used exclusively for the STR activity for a full year, you'd be able to utilize bonus depreciation for 21.25% of the original installation amount (subject to recapture).

Your sphere of friends and family won't enlist your services yet because they'll know you're new and inexperienced. 

Furthermore, I have actively been researching and there is an ongoing housing shortage in the New Haven area, a consistent population growth, great property price to rent ratio, some new construction projects in the nearby area of the property and that it takes a certain type of person with great patience and “people” skills to succeed in these type of neighborhoods.

A DSCR loan will usually require a 1.2 debt service ratio, so with that you should be break even or better.

If she doesn't have a job or she works less than 800 hours in the job, she is eligible to claim real estate professional status.That means the losses will be considered active instead of passive.

I recently found this new service from Zillow, called "Zillow Rental Protection".

Count me in when you're trialing your newbie consulting services!

There have been several high-cost damage issues and one where they are at fault and confessed to, resulting in thousands of dollars, that have put me in the hole to the point I won't make anything off of this year's lease.We live in Colorado and it's made it difficult to manage, even with paid professional services, so we are selling as soon as they can vacate.

Certainly a lot of competition, however with awesome service to guests as to owners.