The IRS allows expenses that are ordinary and necessary to be deducted.

I really want to focus on unique properties that stand out from the other rentals that have things such as a garage, multiple bedrooms, private back yard, patio area, etc.

This was so completely out of the ordinary, I had no idea it would move that fast.

Now that we are settling in and getting all the new construction costs handled (landscaping, fence, patio, minor home upgrades etc) we are wanting to put our money to work for us in more than just the financial markets.It seems to be tough to find rental properties in the Denver Metro / Boulder Metro area that turn a profit on a 15yr mortgage, but I'm only casually looking while accruing my downpayment.Q: What price point should I be looking into?  

This particular row home does not have any grounds other than a small patio in the back and sidewalk in the front.  

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Renters like the private entrance, patio, attached garage, etc.

It didn't have a business name on the letter or a logo or anything to indicate that we were anything but a couple of ordinary people looking to help out our family with some real estate deals.

It also had tile instead of raw concrete in the patio.

@Arthur Voskanyan Airbnb Income can either be taxed as passive income from rental activities or ordinary income that is also subject to self-employment tax.Factors such as the type of services you provide the tenant and the length of stay are factors that will determine how it is taxed.Shorter stay and more services provide suggestion that is should be taxed as ordinary income.