The house was 50k total it was funded by my savings, and my grandparents and parents money that was for collage the house is well worth around 145k, I will be using the equity in the house soon to do a short term rental for some high cash flow. 

Excuse me if I post this under the incorrect category.I’ll try to keep this short.

Hey @Bill Bouillon, the two "main paths" we see investors taking for the maximum tax benefits (in general) are "real estate professional status" and "short term rental loophole".

I did furnished rental in South bay for a short time.

Hey Ricky -Some DSCR lenders have short seasoning periods (including under 3 months) which could be a great option to explore.

Jason,I know this is a late response, but since I am currently a Claim's Representative for Metro Public Adjustment Inc (Or Metro PA for short), I felt the need to chime in for others interested in learning about public adjusters.I'd first like to respond to Tim's comments about Metro PA.

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

We're purchasing from the builder and will be using as four short-term rentals.

So, now they're stuck with a non-appreciating (or even depreciating) property, that only attracts bad tenants, that no PM in their right mind wants to manage.

 Any experience with short term rentals in the Rutland market?