We have rented to both businesses that have traveling workers and churches that have traveling missionaries.That said, trying to claim the place where you live as a business expense would probably be seen as tax fraud. 

There's threads daily about the nonsensical things people do to be a "REI" at the expense of their actual stress, daily lives, and families well being.

No income this year, but did have expenses, so I want to capture the loss and carry it to 2021. 

For B/C properties that have some age, you need to UW a 45% expense ratio into your calculations.For A and/or newer properties, you can use 30-35%.

When I see rust eating at welds like this I wonder how much of the problem comes from the management company (Rust never sleeps).A maintenance tech scheduled for some time with a wire brush and some Rustoleum could have saved this expensive cement tread stairway.Now it a welder (if it's salvageable) and the Rustolem, plus the cost to construct that ugly unpainted wood bridging system, and tear it down.And despite all of the drama that's going on, Mrs Kitty still has her favorite spot in the shade next to her food and water--a natural foe to garbage rats.

I was not able to buy a duplex, triplex, or quadruplex since the mortgage would've been more expensive, but it was my first idea. 

you will want Handyman insurance, and as @Glen Morrow stated, you will not be allowed to pull permits, per state law, you would need a contractors license to pull permits, and technically to do work on a 1-2 family dwelling. to get the license you need to complete a 12 hour training, and pass a test, and have appropriate insurance, Quite expensive insurance at that.

He generally interviewers "smaller" investors, and goes into great depth on their monthly income and expenses. 

Missing a few details—namely it seems your expenses seem high.

Hello, I was reading the book and was wondering if you can share the link to download the flow chart income/expense.