I saw a lot of Duplexes in Arlington area but I’m not familiar with the market there so I need to schedule a visit for some times to go there and meet with people to know more about TX market.

Typically each partner would just report their share of the income and expenses on schedule E. 

@Diyan Yap- It's an individual tax return, but I don't have a schedule L as part of my filed return.  

Decide on things like kitchen use, bathroom schedules, and noise levels early.

Their communication is slow at best and you have to ask to speak with a person and hope they provide the Calendly link to schedule a time.  

There’s definitely been some learning about the cost of schedule slip.

Assets identified in this study include:Permanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

I would ask for the last few years of the Tax Return Schedule E for this property to see what their total expenses and net profit was.

But we have a lot of interaction with guests before they ever arrive - we require a photo ID of whomever has booked our house (and the name and info has to match the booking info), a working cell phone number that we will send a test message to by text to confirm it belongs to the guest (or is at least in their possession), and we converse with them to let them know what to expect from us (and if we have any specific concerns we share those as well) - for example, this week if we had anyone scheduled to arrive we would be discussing the incoming hurricane. 

Most of what they are asking is consistent with what I already do (I may have to change some of my timing) but boy, it makes me wonder what other hosts are doing out there that they have to make this a policy.Answering critical questionsYou must answer critical questions from guests in accordance with the timeline below:5+ days pre-stay: answer within 24 hours2 - 4 days pre-stay: answer within 12 hoursOn the guest’s check-in day and during their stay: answer within 1 hour (for messages received between 8 am and 9 pm in the property’s time zone).Access or Check-in instructionsYou must inform guests how to check in or access your property at least 72 hours before their scheduled check-in time.