That is a whole different animal, and I do not have experience with that.

If the pet is considered an ESA- emotional support animal you cannot charge a deposit or pet fee.

That, in addition to experienced investor advising others to treat certain tenants like animals has just made me not so motivated to participate like I used to.

Thus they split out the Rental, and use a C-Corp blocker to eat up the Ordinary.2) The activity would generate self employment income. 

I only buy really really good deals right now and pass alot up due to the cost of money and how that eats all the cash flow.

I primarily delt with non- performing 2nds, they prefer performing 1sts, so it's definitely a different animal,  but manageable. 

Hey @Garrett Kroll, so you could block all the days that are holidays but frankly I think you just need to eat it.How much cashola are we talking?

I imagine this would take close to a year if all went well, and eat up a lot of funds.

Learning that this is a very different animal! 

Good luck "By the way I believe you can succeed in both markets (high cash flow/low appreciation & low cash flow/high appreciation) but best odds are if you are intimate with the market."100% agreed and there are many ways to skin a cat (Sorry to the animal activists) hahaHaving the intimate market knowledge as you mention and an end goal will keep an investor on the path forward.Time is a beautiful teacher and will eventually reveal what strategy was best.Much success