The City of South Lake Tahoe does not allow short term rentals.

@Chris Seveney  I live in Abilene and operate a short term rental here.

It’s given me insight into what investors and landlords actually need—things like quick turnovers for rentals, deep cleans before listing a property, and even helping out-of-state investors maintain their portfolios.

With two rentals, you might consider QuickBooks Online Plus, which allows you to track income and expenses by class codes (ideal for separating each property’s income & expenses to assess profitability by property).

Get a rental license, get it rented.

or master, so in the future i have knowledge. and what can i do now that could help me in the future about house flippings and rentals?

I currently use the security deposit replacement and rental damage protection product from Waivo, which I accessed through my Furnished Finder dashboard for my mid-term rental (MTR).

Make sure to factor in insurance (slight change as rental), property tax (in our market is 2x a primary res), vacancy (3-5% in most markets), capex (old roof?)

I am currently in the process of saving my 20% + 6 months buffer for a rental property.

As others have mentioned, DSCR loans are generally for turnkey rentals (although outdated rentals may still qualify depending on the level of deferred maintenance).