@Camille Romero Operating a rental property out of state, especially just 1, can be very difficult and costly.

Operating in an industry where "we track time," I can offer a few hopefully helpful tips:1.

As for one of my other operators, I am invested into REM in 3 different deals.

By the most important thing (if that's what you're doing) is to have a really good operator who knows the laws, has experience and is above board so they won't leave you high and dry. 

Any additional screenings or criteria should be consistently applied to all applicants to avoid potential discrimination claims.Rental application fraud can be a significant threat to the financial and operational stability of running and operating a property.

Any luck on motivating realtors in the area to actually get operating expenses/lease agreements for Jackson County specifically George?

The issue with section 179 expense is that you normally have to operate at positive income.Under most circumstances, bonus depreciation is better since you can take bonus depreciation even if you operate at negative income. 

Gita,At least the way I prefer to do things is to only run accrual based accounting activity on my day to day operations.

Partnering with an experienced motel operator is a smart idea—it can help bridge the operational knowledge gap and mitigate risks.When evaluating motels, focus on metrics like occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR).

I host a group for midterm rental operators and I had 2 people in last week's meeting essentially say the same thing.