Finding one that fits my needs is not as easy as cold calling random firms in the area. 

@Dean Attali Here's my random two cents:1.

But for the one-off random tenant?

There is always someone around either asking for money, riding a bike, or pushing a random shopping cart that will make you feel uncomfortable. 

It might seem random because we don't catch everything - it's not possible.

If you factor in ~$200 in depreciation (random number since we don't really know what your depreciable basis or land allocation is), you are looking at taxable income of $133 but you received $333 in cash.Often times a "tax loss" occurs when you have monthly expenses that bring your taxable income close to zero, and then non cash expenses like depreciation and amortization further reduce your taxable income below zero, creating said "tax loss".disclaimer: been working a long day today, so please feel free to fact check my math :)

For a good description on the difference between investing and speculating (the greater fool theory) read the first few chapters of the book below: A Random Walk down Wall Street: The Time-tested Strategy for Successful Investingby Burton G.

The markedly liberal judge assigned at random to the case takes one look at her, one look at whatever quickie LLC you might have formed to buy the place, and decided that the LLC doesn't own the property, you do, and YOUR assets are up for grabs.

He did three random spot check of studs by removing garbage and Sheetrock.

@Tyler WorkLooks like we were all offhttps://www.airbnb.com/help/article/1857/what-is-t...it's about 3%, I also confirmed with a random sample of my bookings that 3% was consistent.