@Derrick E.

@Carolina E. thank you!

@Sharon S.I use google drive for storage and cozy for rent payment and beaver for accounting/bookkeeping and schedule e preparation. 

@Chris Politylo  In general I believe most STR owners go the traditional financing route to which they are usually going to have to show previous schedule E/C tax returns to prove monthly revenue to apply as additional income when qualifying.  

@Josh E. you should involve your contractor from the beginning prior to making an offer so you know what needs to be done and how much it will cost.

For your rental income part they will usually take your average of the last two schedule e tax returns and add back the depreciation expense.

Out of that area E.

I hadn't moved everything over from selling my old car and got bit, couldn't get the garage door open with no juice...lol  All my usual stuff I carried in the trunk and glove box was in a box just on the other side of the garage door.  

Some may need a detailed tour.Told us how long it's been listed and if any offers had been presented to the bank yet.Provided ARV comps via e-mail within an hour of the showing.  

@Davina KeoYou can take a look at Form 1040 Schedule E for a list of the most common real estate deductions.