This is an area of a lot of ex-pats and longtime vacation takers, or people that have rentals there.

We're missing the net income, which is what matters.

How do most people do this?

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

That's how people get over-leveraged and into trouble.If you want to invest, do it the old-fashioned way: increase earnings, reduce expenses, save, then invest.

How many will you sleep (more people a little more in monthly utilities).

While it's possible the letter was sent before the lender received the payoff, it's also possible the mortgage was missed. 

This is far from impossible and many people have a lot of success managing their own STR, but it sounds more involved than what you're looking for.

The concerned neighbor requested us to do something to put an end to the endless stream of unsavory people coming and going from that rental, with the main tenant in the middle of all of it.

Actually the people telling me I can’t use B2 comps is Tax Shield!